1. A business relation in which two parties compete to gain customers
   "business competition can be fiendish at times"
    
2. The act of competing as for profit or a prize
   "the teams were in fierce competition for first place";
   - contention, rivalry, rivality [archaic]
    
3. An occasion on which a winner is selected from among two or more contestants
   "The baking competition attracted amateur chefs from across the country";
   - contest
    
4. All participants in a contest collectively
   "The competition looks strong this year"

Derived forms: competitions

Type of: business relation, group action, social event

Antonym: cooperation

Encyclopedia: Competition, Virginia