The policies were formulated for a period of more than one year. (Don't get confused with lifetime insurance).
Literal Meanings of TERM POLICY
Meanings of TERM:
A word or phrase used to describe something or to express an idea, especially in a particular type of language or study.
A fixed or limited period during which something, such as an offense, confinement or investment, continues or is intended to continue.
Each season, alternating with holidays or public holidays, when classes are taught at school, college or university, or when the courts are in progress.
The terms under which an action or agreement can be entered into are specific to or agreed upon.
An amount of ratio, series or mathematical expression.
Another term for the term
Provide a descriptive name to be called by a specific name.
Sentences of TERM
The musical term "litmotio"
The president is elected for a four-year term
That's the only way to treat it
A geometric series is defined as a continuous relationship between successive terms.
Called the father of modern theology
Synonyms of TERM
spell, period of time, provision, locution, stint, entitle, label, length of time, tag, title, style, requisite, word, idiom, describe as, call, proviso, designate, condition, period, name, time, specification, dub, precondition, phrase, session, expression
Meanings of POLICY:
Practices or practices adopted or proposed by the government, party, company or individual in accordance with the Code of Conduct.
Synonyms of POLICY
proposed action, programme, schedule, intentions, scheme, guidelines, stance, plans, position, theory, approach, code, strategy, stratagem, system, blueprint, notions, line, attitude