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.
If you are conservative, you arenât necessarily a card-carrying member of the Republican party (though you might be); it means you resist change. Conservative has the word conserve in it, which means to hold on to, or save. In a drought, you want to be conservative in your water use. If you donât get paid that much and donât want to use credit cards, youâd better be conservative with your money.