1. The general principles by which a government is guided in its management of public affairs. See PUBLIC POLICY.
2. A document containing a contract of insurance; INSURANCE POLICY. [Cases: Insurance 1712–1713. C.J.S. Insurance §§ 253, 255, 261, 272, 282–283, 285.]
3. A type of lottery in which bettors select numbers to bet on and place the bet with a “policy writer.” [Cases: Lotteries
3. C.J.S. Lotteries §§ 2–7, 11.]