Policy
“A definite course or method of action selected (as by a government, institution, group, or individual) from among alternatives and in the light of given conditions to guide and usually determine present and future decisions b (1) : a specific decision or set of decisions designed to carry out such a chosen course of action (2) : such a specific decision or set of decisions together with the related actions designed to implement them.”
Source: Webster’s Third New International Dictionary
“The general principles by which a government is guided in its management of public affairs, or the legislature in its measures.”
Source: Black’s Law Dictionary, 6th Edition