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Definition of: policy
(pol′ə·sē) noun plural ·cies
1. Prudence or sagacity in the conduct of affairs.
2. A course or plan of action, especially of administrative action.
3. Any system of management based on self–interest as opposed to equity; finesse in general; artifice.
4. Obs. Political science; government. See synonyms under POLITY. [<OF policie <L politia <Gk. politeia. See POLICE.]
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