policy1
n.
(pl. policies)
- a course or principle of action adopted or proposed by an organization or individual.
- archaic prudent or expedient conduct or action.
Etymology
ME: from OFr. policie ‘civil administration’, via L. from Gk politeia ‘citizenship’.
policy2
n.
(pl. policies)
a contract of insurance.
Etymology
C16: from Fr. police ‘bill of lading, contract of insurance’.