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The Democratic-Republican Party was an American political party formed by Thomas Jefferson and James Madison in 1791â93 to oppose the centralizing policies of the new Federalist Party run by Alexander Hamilton, who was then Secretary of the Treasury and chief architect of George Washington's administration.
Also found in: Dictionary, Thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia. Related to Democratic Party: Republican Party, New Democratic Party. The modern Democratic Party is the descendant of the Democratic-Republican Party, an early-nineteenth-century political organization led by Thomas Jefferson and James Madison. Also known as the Jeffersonian Republican Party, the Democratic-Republican Party began as an antifederalist group, opposed to strong, centralized government.