MEANING
1. Effort by different people or organizations to obtain an outcome not all can secure.
2. An event in which participants are judged or ranked against one another.
3. The people or organizations trying to gain the same prize, customers, or advantage as someone.
Use it for
Words that belong together
- market competition
- competition for resources
On the page
Market competition encouraged faster delivery and clearer pricing.
Nearby words
Word forms
- Base
- competition
Usage notes
Primary category: economics / business / social science. Forms: Usually uncountable; no ordinary plural in this sense. Legacy lexical fields mirror sense 1 only. Use numbered sense fields for all meanings. Established modern English lexical item. No separate regional spelling or grammatical inflection entry. Writing functions: analysis, evaluation, business. Commonness: common.
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