单词 | conservatism |
释义 | conservatism conservatism /; AmE / noun [U]
1 the tendency to avoid unnecessary risks: the conservatism of investors The government is proud of its fiscal conservatism (= not wasting money).
2 (Accounting ) (especially AmE) = PRUDENCE (1): Because of the principle of conservatism, an order for goods should not be treated as revenue. |
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