Police in Cisco Switch

What does the following command mean ? Checking through web, 80000 mean average rate in bits/s. Does it mean it does not allow the interface to exceed 80Kb/s, otherwise drop it  ?

policy 80000 conform transmit exceed drop
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Yes, it's that simple, you already gave yourself the answer (though it's usually an interface, not a protocol, so you mentioned web, but all traffic is counted):

Don JohnstonInstructorCommented:
You are correct.. Except the command is police not policy. :-)
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