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