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term policy
noun
, Insurance.
- a policy whose period of coverage is in excess of one year, usually paying a reduced premium rate, as in fire insurance.
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Word History and Origins
Origin of term policy1
First recorded in 1895–1900
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Example Sentences
Over the past five years, Republicans have repeatedly accepted short-term political pain for long-term policy gain.
From The Daily Beast
It merely demonstrates that the conspicuous lack of long-term policy planning of the Netanyahu government ubiquitous.
From The Daily Beast
Other countries are equally flat-footed on a long-term policy, including Canada and Japan.
From The Daily Beast
The Term Policy, as its name implies, is issued for a term of one or more years.
From Project Gutenberg
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