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, 20:46, November 19, 2008
'''Policy''' is the stated guidelines for the operation of a company or organisation.
These may be written and used for reference or be reasoned by prior conduct.
An ''insurance policy'' is a written contract where the conditions and conduct of both parties are documented.
==References==
* [http://www.merriam-webster.com/dictionary/policy Mirriam Webster Online Dictionery]
* [http://www.thefreedictionary.com/policy The free dictionary]
[[category:dictionery]]
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