/ Dictionary / Index D debit policy: Meaning and Definition of Find definitions for: deb'it pol"icy Pronunciation: [key] — Insurance. Insurance. a policy for industrial life insurance sold door to door by an agent who collects the premiums. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. debitor déboîté Related Content Daily Word Quiz: crutiny Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language