1. The portion of society, business, or politics characterized by traditional values, resistance to change, and preference for maintaining existing institutions and practices
The conservative sector opposed the new labor reforms.
O setor conservador se opôs às novas reformas trabalhistas.
2. In business and economics, industries or companies that prioritize stability and established practices over innovation and risk-taking
Banks are typically part of the conservative sector of the financial market.
Os bancos tipicamente fazem parte do setor conservador do mercado financeiro.