a plan of action, statement of aims and ideals, e.g. one made by a government, political party, business company etc
procedure, tactics
Cases of word usage
1) (of South Africa) the policy that separates ethnic groups and has given political, economic and social control to people of European origin (apartheid)
2) the type, amount, of risk in an insurance policy (coverage)
3) a gathering of people for pleasure; a group of people united in policy and opinion, in support of a case, especially in politics (party)
4) a long, flat piece of wood; a basic principle in a political policy (plank)