regulation; system; institution
Meanings
2 senses · 8 examplesnoun
regulation; rule; system; procedure
Refers to established rules, regulations, or standard operating procedures within an organization or group.
The company has a strict attendance policy.
We need to abide by all the school's rules and regulations.
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This new regulation will be implemented starting next week.
A sound financial system is crucial for a company's development.
noun
institution; social system; political/economic/cultural order
formalRefers to a large-scale, historically-formed system that structures society, such as political or economic systems.
The imperial examination system lasted for over a thousand years in Chinese history.
Reform and opening-up was a major adjustment to the economic system.
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The political systems of different countries each have their own characteristics.
The patriarchal clan system was an important foundation of ancient society.