policy

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Policy

The general principles by which a government is guided in its management of public affairs, or the legislature in its measures. A general term used to describe all contracts of insurance.

As applied to a law, ordinance, or Rule of Law, the general purpose or tendency considered as directed to the welfare or prosperity of the state or community.

policy

(Contract), noun agreement, arrangement, contractual obligation, contractual statement, insurance contract, legal document, mutual agreement, mutual underraking, obligation, pact, schedule, understanding
Associated concepts: insurance policy

policy

(Plan of action), noun approach, consilium, course, course of action, course of conduct, doctrine, essablished order, fundamental principles, general guidelines, general principles, governing course of action, governing plan, governing principle, line, line of action, line of connuct, management, manner of proceeding, method, mode of management, party line, plan, plan of campaign, polity, prescribed form, principles, procedure, proposal, proposed action, proposition, rule of accion, scheme, stratagem, ways
Associated concepts: public policy
See also: course, direction, guide, platform, polity, practice, principle, procedure, process, program, rule, scheme, strategy, system

POLICY, PUBLIC. By public policy is meant that which the law encourages for the promotion of the public good.
     2. That which is against public policy is generally unlawful. For example, to restrain an individual from marrying, or from engaging in business, when the restraint is general, in the first case, to all persons, and, in the second, to all trades, business, or occupations. But if the restraint be only partial, as that Titius shall not marry Moevia, or that Caius shall not engage in a particular trade in a particular town or, place, the restraint is not against public policy,, and therefore valid. 1 Story, Eq. Jur. Sec. 274. See Newl. Contr. 472.

References in periodicals archive ?
Regulatory issues and government policies re infrastructure
Government policies have been favoring the Japanese logistics industry since 2001, when there were structural reforms proposed to the industry as a whole.
Government policies to support aerospace manufacturing must work in tandem with policies to protect and promote airlines.
From an acquisition perspective, senior management sees tremendous opportunities in the south western part of China where companies located in special development zones are benefiting from many favorable government policies.
Leaders from the energy, food and government sectors will be closely watching the burgeoning biofuels industry in the next few years, evaluating its potential impact on helping to meet our energy needs and on the food versus fuel equation," said Golbitz, who will present a session, The Impact of Government Policies on Biofuels, at the upcoming Soya Summit 2006: Food & Energy for the 21st Century in St.
Our pro-business government policies help companies minimize their operating and growth costs, which allows them to become more profitable.
According to the latest quarterly report by the US-Taiwan Business Council, Taiwan government policies for semiconductor investment in China will expire at the end of 2005, and new regulations will likely be adopted offering Taiwan chipmakers greater access to the China market.
A market research report called "Indian Energy Sector: A Market Analysis (2005-2010)" discusses among other things, the current government policies on energy sector, efforts in increasing energy capacity in the Caspian and Asian belt and, the strategies for managing India's energy needs at home and abroad.
Because of its pro-business and responsive government policies, the Isle of Man has become the home to a flourishing interactive entertainment and film industry.
government policies (including changes in government policies pertaining to drug reimbursement); changes in market interest rates; operational or control difficulties arising from AmerisourceBergen's outsourcing of information technology activities; and other economic, business, competitive, legal, regulatory and/or operational factors affecting the business of AmerisourceBergen generally.
Technology has often outpaced government policies," said Thomas Regan, Executive Director for Privacy and Regulatory Affairs for LexisNexis.

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