term policy
nounInsurance.
a policy whose period of coverage is in excess of one year, usually paying a reduced premium rate, as in fire insurance.
Origin of term policy
1First recorded in 1895–1900
Words Nearby term policy
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use term policy in a sentence
Over the past five years, Republicans have repeatedly accepted short-term political pain for long-term policy gain.
It merely demonstrates that the conspicuous lack of long-term policy planning of the Netanyahu government ubiquitous.
Other countries are equally flat-footed on a long-term policy, including Canada and Japan.
Panel Highlights Alarming Lack of National Plan for U.S. Nuclear Waste | Daniel Stone | January 27, 2012 | THE DAILY BEASTThe term policy, as its name implies, is issued for a term of one or more years.
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