Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “conservatism”

conservatism

noun [U]
 
 
/kənˈsɜːvətɪzəm/
the fact of avoiding risks that are unnecessary: Banks are no longer thought of as paragons of financial conservatism. Republican candidates have tried to highlight their fiscal conservatism.
ACCOUNTING a principle of accounting in which assets or profits are not shown in accounts as greater than they may actually be, and financial losses are not made to seem smaller than they are: If a situation arises in which there are two acceptable alternatives for reporting an item, conservatism directs the accountant to choose the alternative that will result in less net income. → See also prudence
(Definition of conservatism from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of conservatism?
Add Cambridge dictionaries to your browser to your website

Definitions of “conservatism” in other dictionaries

Word of the Day

bright spark

a person who is intelligent, and full of energy and enthusiasm

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More