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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.


(Contract), noun agreement, arrangement, contractual obligation, contractual statement, insurance contract, legal document, mutual agreement, mutual underraking, obligation, pact, schedule, understanding
Associated concepts: insurance 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 ?
Under the policy model, the reasonable expectation of
Underlying policy model has been updated in response to the evolving political environment
An equilibrium is characterized by a situation in which the private sector has a clear understanding of policy goals and the policymakers' model of the economy, and the policy model of the economy is as accurate as possible.
These models include exogenous policy models, where the levels and time paths of policy variables are exogenously given (Krugman 1979), and endogenous policy models, where policy variables are endogenously determined as the result of an optimization exercise (Obstfeld 1994).
TriStrata has also added a dynamic policy model to enable security policies to be defined for working groups within an organization.
Project: The New Policy Model, Inequality and Poverty in Latin America: Evidence from the Last Decade and Prospects for the Future
Bibbins-Domingo estimated the benefits of population-wide sodium reduction using a sophisticated computer simulation program called the 'Coronary Heart Disease Policy Model.
Session topics and papers include trusted virtualization and trusted grid (including trusted logging for grid computing and secure virtual disk images for grade computing), trusted computing technologies (a practical solution to trusted computing platform testing and trusted connections between mobile nodes and mobility anchor points in hierarchical mobile IPv6), trusted computing applications (secure mobile payment via trusted computing and enriched trusted platforms and their applications on DRM), and formal aspects of trust and security (including specifications and verification of an extended security policy model for database systems and verification methods for component compositions).
In the first paper presented at the conference, Riccardo DiCecio and Edward Nelson presented a monetary policy model estimated to fit U.
For administrators, Aventail Mobile is integrated into Aventail's centralised policy model.
Which brings us to the UNU-WIDER project meeting on 'The New Policy Model, Inequality and the Poverty Debate in Latin America', hosted by the Faculty of Economics, University of Buenos Aires in September.
The energy policy model originally established in the 1980s is no longer fit for purpose and is being replaced by the incremental intrusion of ad hoc policy interventions.