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I have read and agree to the Privacy Policy 

Ugh, YES, Urban Dictionary! I have read and agree to the Privacy Policy!

ocean policy 

Ocean policy is a governmental regualtion on the ocean in efforts to preserve marine natural resources
Banning the transportation of nuclear weopons via the sea

9mm Insurance Policy 

Referring to a bullet as an insurance policy; Implying that you'll kill someone as a means of guaranteeing the end result.

The use of a gun, or bullet to insure ones own interest by taking the life of the transgressor.
DAN: You're fired!
Mark: I've got a 9mm insurance policy.
DAN: I'm calling the police
Mark: *POP*, *POP*

e.g. Using a bullet to insure results.

EFA Policy 

An EFA Policy is almost a lifestyle or basically how an individual (usually a girl) is known. EFA is an acronym that stands for "Everything For Anything", which in case you haven't already figured out, means that the individual will do every kind of sexual act for any form of compensation. Usually an EFA Policy applies to the whorish girls in high school and college. They are usually avoided because they are notorious for being infected with phallus-crippling STDs.
Guy 1: Man, that girl is fine! Yo, you know her number?
Guy 2: Hey man, you gotta look out for that bitch. She runs on an EFA Policy.
Guy 1: For real? Sheeit.
EFA Policy by Majickpyro June 16, 2006

principled policy wonk 

Any republican who thinks McCellan is a flack for telling the truth about past lies.
I'm a principled policy wonk, not a turncoat.

privacy policy 

When you updated your privacy policy and you want everybody to know
1:hey!
2:what?
1:WE UPDATED OUR PRIVACY POLICY
2:*punches 1 in the face*