An organization (typically a non-profit think tank) that conducts original research on issues, makes governmental policy recommendations based on its findings, and disseminates its work to the appropriate audiences.

plural of policy wonk

(economics) The process by which the government, central bank, or monetary authority manages the supply of money, or trading in foreign exchange markets.

(economics) Government policy that attempts to influence the direction of the economy through changes in government spending or taxes.

plural of policy maker

(idiomatic) The tendency to ignore obvious problems and pretend they do not exist; ostrichism.

An insurance policy offering umbrella insurance.

Aspect of the economy that encompasses the economic scale and implications of policy formulation and implementation.

A plan or strategy that would enable a project to be halted or completed in an effective manner

(fire insurance) A policy in which the value of the goods, property, or interest insured is specified.