What is Policy Framework?

Legal Definition
A policy framework is a logical structure that is established to organize policy documentation into groupings and categories that make it easier for employees to find and understand the contents of various policy documents. Policy frameworks can also be used to help in the planning and development of the policies for an organization.
-- Wikipedia
Legal Definition
The set of guidelines, as well as long term goals which are taken in to account when policies are being made. These give the direction in which the firm is moving.