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| pol·i·cy [ pólləssee ] (plural pol·i·cies) |
noun |
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| Definition: |
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1. contract: a contract that exists between an insurance company and a person or organization buying insurance services, or the document that lists the contract terms
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2. U.S. numbers game: a game of chance, e.g. a daily lottery, where participants bet on what the number will be
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| [Mid-16th century. Via French< Provençal polissa, Catalan police] |
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