The term institution commonly applies to both informal institutions such as customs, or behavior patterns important to a society, and to particular formal institutions created by entities such as the government and public services.
The definition of conservative is favoring older, known traditions and resisting any changes. An example of conservative is preferring laws to stay the same. Conservative is defined as a type of statement that is safe or moderate. An example of conservative is an estimate of how much time a job will take.
2. (Historical Terms) a member of the English political party that opposed the exclusion of James, Duke of York from the royal succession (1679â80). Tory remained the label for subsequent major conservative interests until they gave birth to the Conservative Party in the 1830s.