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Definition 1:
An officially accepted set of rules or ideas about what should be done count noncount .
Examples:
Ask the cashier what the store’s return policy is.
They voted to adopt/pursue more liberal trade policies.
Each employee is given a handbook on company policy.
American foreign policy
Definition 2:
An idea or belief that guides the way you live or behave count usually singular noncount .
Examples:
I make it a policy not to lend my friends money. [=I don’t lend my friends money]
I don’t lend my friends money as a matter of policy.
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