Two-party system
A two-party system is a party system where two major political parties dominate the government. One of the two parties typically holds a majority in the legislature and is usually referred to as the "majority" or "governing party" while the other is the "minority" or "opposition party". Around the world, the term has different senses. For example, in the United States, Jamaica, and Malta, the sense of "two-party system" describes an arrangement in which all or nearly all elected officials belong to one of the only two major parties, and third parties rarely win any seats in the legislature. In such arrangements, two-party systems are thought to result from various factors like winner-takes-all election rules. In such systems, while chances for third-party candidates winning election to major national office are remote, it is possible for groups within the larger parties, or in opposition to one or both of them, to exert influence on the two major parties. In contrast, in the United Kingdom and Australia and in other parliamentary systems and elsewhere, the term "two-party system" is sometimes used to indicate an arrangement in which two major parties dominate elections but in which there are viable third parties which do win seats in the legislature, and in which the two major parties exert proportionately greater influence than their percentage of votes would suggest.
Political party
The UK political system, while technically a multi-party system, has functioned generally as a two-party (sometimes called a "two-and-a-half party") system; since the 1920s the two largest political parties have been the Conservative Party and the Labour Party. Before the Labour Party rose in British politics the Liberal Party was the other major political party along with the Conservatives. Though coalition and minority governments have been an occasional feature of parliamentary politics, the first-past-the-post electoral system used for general elections tends to maintain the dominance of these two parties, though each has in the past century relied upon a third party to deliver a working majority in Parliament. (A plurality voting system usually leads to a two-party system, a relationship described by Maurice Duverger and known as Duverger's Law.) There are also numerous other parties that hold or have held a number of seats in Parliament.