Configure Information Management Policies
Information management policies are sets of rules designed to affect documents and items based on their content type. Policies can be applied directly to site content types, thereby applying wherever the content type is used, or they can be applied to specific lists or libraries. There are four types of information management policies in SharePoint 2010: retention policies, auditing policies, barcodes, and labels. Together, these policies allow records managers to apply consistent behavioral rules to content to meet compliance requirements.
Creating an Information Management Policy
Sometimes an information management policy is being implemented to conform to compliance requirements. Such a policy must ...