Oxbridge is a portmanteau of Oxford and Cambridge, the two oldest, wealthiest, and most famous universities in the United Kingdom. As of 2018, less than 1% of individuals applying to undergraduate courses through UCAS were admitted to these institutions. The term is used to refer to them collectively, in contrast to other British universities, and more broadly to describe characteristics reminiscent of them, often with implications of superior social or intellectual status or elitism.