standard practice JUST WRITTEN FOR YOU
/ˈstændərd ˈpræktɪs/ · stan.dard.prac.tice
noun
- A widely accepted or established procedure or method that is commonly followed in a particular field or industry. The company's standard practice for handling customer complaints is to respond within 24 hours.
- A set of guidelines or protocols that are considered best practice in a particular field or industry. The medical community has established standard practices for treating patients with certain conditions.
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Did you know? The term 'standard practice' has become increasingly important in the context of regulatory compliance and risk management, as companies seek to ensure that they are following established procedures to minimize the risk of non-compliance.