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Meaning of policy rate

Source language: EnglishDictionary language: English

policy

Pronunciation:/ˈpɒləsi//ˈpɑləsi/

noun

Definitions

  1. A principle of behaviour, conduct etc. thought to be desirable or necessary, especially as formally expressed by a government or other authoritative body.

    Example: The Communist Party has a policy of returning power to the workers.

  2. Wise or advantageous conduct; prudence, formerly also with connotations of craftiness.

  3. Specifically, political shrewdness or (formerly) cunning; statecraft.

  4. (now chiefly in the plural) The grounds of a large country house.

verb

Definitions

  1. To regulate by laws; to reduce to order.

policy

Pronunciation:/ˈpɒləsi//ˈpɑləsi/

noun

Definitions

  1. A contract of insurance.

  2. A document containing or certifying this contract.

  3. An illegal daily lottery in late nineteenth and early twentieth century USA on numbers drawn from a lottery wheel (no plural)

  4. A number pool lottery