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. cautiously moderate: a conservative estimate. 3. traditional in style or manner; avoiding novelty or showiness: a conservative suit. 4. (cap.) of or pertaining to a conservative political party, esp. the Conservative Party of Great Britain.5. of or pertaining to political conservatism.. cautiously moderate: a conservative estimate. 3. traditional in style or manner; avoiding novelty or showiness: a conservative suit. 4. (cap.) of or pertaining to a conservative political party, esp. the Conservative Party of Great Britain.