a political party in Great Britain founded about 1832 as successor to the Tory party and characterized by moderate progressivism.
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British Dictionary definitions for conservative party
(in Britain) the major right-wing party, which developed from the Tories in the 1830s. It advocates a mixed economy, and encourages property owning and free enterpriseIn full: Conservative and Unionist Party
(in Canada) short for Progressive Conservative Party
(in other countries) any of various political parties generally opposing change
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012