Meaning of competition

Definition of competition

(noun) a business relation in which two parties compete to gain customers; "business competition can be fiendish at times"
an occasion on which a winner is selected from among two or more contestants
the act of competing as for profit or a prize; "the teams were in fierce contention for first place"
the contestant you hope to defeat; "he had respect for his rivals"; "he wanted to know what the competition was doing"

Other information on competition

WIKIPEDIA results for competition
Amazon results for competition