policy

noun

principle or protocol to guide decisions and achieve rational outcomes

Wiktionary

Pronunciation: /ˈpɒl.ə.si/ / /ˈpɒl.ɪ.si/ / /ˈpɑ.lə.si/

noun

Etymology: From Middle French police, from Italian polizza, from Medieval Latin apodissa (“receipt for money”), from Ancient Greek ἀπόδειξις (apódeixis, “proof, declaration”). Doublet of apodixis.

A contract of insurance.
A document containing or certifying this contract.
“Your insurance policy covers fire and theft only.”
An illegal daily lottery in late nineteenth and early twentieth century USA on numbers drawn from a lottery wheel (no plural)
A number pool lottery

verb

Etymology: From Middle English policie, from Old French policie, pollicie and police, from Late Latin politia (“citizenship; government”), classical Latin polītīa (in Cicero), from Ancient Greek πολιτεία (politeía, “citizenship; polis, (city) state; government”), from πολίτης (polítēs, “citizen”). Doublet of police, polis (“police”), and polity.

To regulate by laws; to reduce to order.
“Policying of cities.”