Conservative party
noun
a political party in Great Britain founded about 1832 as successor to the Tory party and characterized by moderate progressivism.
British Dictionary definitions for conservative party
Conservative Party
noun
(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 enterprise
In full: Conservative and Unionist Party
(in Canada) short for Progressive Conservative Party
(in other countries) any of various political parties generally opposing change