(policies)
Frequency: The word is one of the 700 most common words in English.
1.
A ~ is a set of ideas or plans that is used as a basis for making decisions, especially in politics, economics, or business.
...plans which include changes in foreign ~ and economic reforms.
...the UN’s ~-making body.
N-VAR
2.
An official organization’s ~ on a particular issue or towards a country is their attitude and actions regarding that issue or country.
...the government’s ~ on repatriation.
...the corporation’s ~ of forbidding building on common land.
N-COUNT: usu poss N
3.
An insurance ~ is a document which shows the agreement that you have made with an insurance company. (BUSINESS)
You are advised to read the small print of household and motor insurance policies.
N-COUNT: usu N n