Define: Conservatism

UK Accounting Glossary

Definition: Conservatism

Quick Summary of Conservatism

Sometimes used with a stronger meaning of understating assets and overstating liabilities.

What is the dictionary definition of Conservatism?

Dictionary Definition

Full Definition of Conservatism

Conservatism FAQ's

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Conservatism. Payroll & Accounting Heaven Ltd. July 21, 2019
Chicago Manual of Style (CMS):
Conservatism. Payroll & Accounting Heaven Ltd. (accessed: July 21, 2019).
American Psychological Association (APA):
Conservatism. Retrieved July 21, 2019, from website:

Definition Sources

Definitions for Conservatism are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.