Syllable division derived from spelling — this word is not in the pronouncing dictionary, so no phonetic transcription is shown rather than a guessed one.
policy-making is an adjective meaning "concerned with policy, not administration". It carries one recorded sense.
concerned with policy, not administration
Definitions, synonyms and semantic relations for policy-making come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.