Pronunciation: (pol'u-sē),[key] —n., —pl.-cies. 1. a definite course of action adopted for the sake of expediency, facility, etc.: We have a new company policy. 2. a course of action adopted and pursued by a government, ruler, political party, etc.: our nation's foreign policy. 3. action or procedure conforming to or considered with reference to prudence or expediency: It was good policy to consent. 4. sagacity; shrewdness: Showing great policy, he pitted his enemies against one another. 5. Rare.government; polity.
Pronunciation: (pol'u-sē),[key] —n., —pl.-cies. 1. a document embodying a contract of insurance.
2. a method of gambling in which bets are made on numbers to be drawn by lottery.
3. See numbers pool (def. 2).