Business / Agriculture / Common Agricultural Policy (CAP): The set of legislation and practices jointly adopted by the nations of the European Union (EU) in order to provide a common, unified policy framework for agriculture. Its stated purposes are to increase farm productivity, stabilize markets, ensure a fair standard of living for farmers, guarantee regular supplies, and ensure reasonable prices for consumers. The CAP rests upon four basic principles: common import restrictions, common financing, common pricing, and common treatment of surpluses.
Common Noun Synonyms: ordinary, everyday, commonplace, prosaic,ual, familiar, customary, prevalent, frequent, run-of-the-mill, general, normal, standard, conventional, regular, routine, stock, average, proverbial, plain, simple, garden-variety, common or garden
Common Adjective Synonyms: mutual, reciprocal, joint, shared
Policy Verb Synonyms: approach, procedure, (game) plan, design, scheme, programme, method, system, management, conduct, behavior, strategy, tactic(s), principle(s), protocol, regulation, rule, custom, way, practice, ways and means, action
Business / Real Estate / Joint Protection Policy: A title insurance policy insuring the interest of both owner and lender. MORE
Business / Finance / Life Insurance Policy: The contract that sets out the terms of life insurance coverage. MORE