deviation policy

deviation policy definition - business

deviation policy

An organization's guidelines for handling unexpected conduct or activities. For example, the comptroller of the currency requires that it receive at least 60 days' written notice of a bank's intent to change from its business plan.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.