Yes, the word you're looking for is Presets, and you'll find it in the bottom right corner when you have one of the Edit panels is open.
You can't save default settings in LRCC at this point, but if you were to change them in Photoshop's Camera Raw plugin or Lightroom Classic, then LRCC understands and respects them.
Since you're just getting started, you might find my free quick start ebook useful https://www.lightroomqueen.com/quickstart
Couple of questions for you Victoria all related to the new LRCC...
1. How do i apply a preset to more than 1 image?
2. Am i able to apply a preset on import?
3. Are Adobe looking at syncing presets to all devices?
1 person found this helpful
1 no, can't do that...
2 no, can't do that
3 don't know but really hope adobe solves 1 and 2 first.....