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Document from the year 2017 in the subject Library Science, Information- / Documentation Science, , language: English, abstract: A library acquisition policy is a formal statement that guides the library’s acquisition of materials to be added to its collections. It has a number of elements each addressing a specific purpose. This paper looks at the elements included in the policy. According to oxford English dictionary, a policy is a course or principle of action adopted or proposed by an organization or individual. It is basically a concise formal statement of principles or actions which indicate how an organisation will act in a particular area of its operation. A written policy prevents the organization from being driven by events or by individual enthusiasms and from engaging in projects, actions or activities, which may not support the mission of the organization.