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1. Oxford Dictionary

   Liberal Party

   • ph.
     a political party advocating liberal policies, in particular a British party that emerged in the 1860s from the old Whig Party and until the First World War was one of the two major parties in Britain. In 1988 the party regrouped with elements of the Social Democratic Party to form the Social and Liberal Democrats, now known as the Liberal Democrats; a small Liberal Party still exists.