Liberal Party is a name for political parties around the world. The meaning of liberal varies across the world, ranging from liberal conservatism on the right to social liberalism on the left.Liberal Party (Chile, 1983) (1983–1987) Liberal Party (Chile, 1988) (1988–1993)Liberal Party (Chile, 1998) (1998–2002) Liberal Party is a name for political parties around the world. The meaning of liberal varies across the world, ranging from liberal conservatism on the right to social liberalism on the left.