Meaning

noun a plan of action adopted by an individual or social group

noun a line of argument rationalizing the course of action of a government

noun written contract or certificate of insurance

originFrom Middle English policie, from Old French policie, pollicie and police, from Late Latin politia (“citizenship; government”), classical Latin polītīa (in Cicero), from Ancient Greek πολιτεία (politeía, “citizenship; polis, (city) state; government”), from πολίτης (polítēs, “citizen”). Doublet of police, polis (“police”), and polity.

Etymology from Wiktionary, CC BY-SA 3.0