competition competition /ˌkɑːmpəˈtɪʃən/

noun

1. () A business relation in which two parties compete to gain customers  ( competition )
   a business relation in which two parties compete to gain customers
    Business competition can be fiendish at times
   business competition can be fiendish at times
   
2. () The act of competing as for profit or a prize  ( contention , rivalry , rivality [Archaic] , competition )
   the act of competing as for profit or a prize
    The teams were in fierce contention for first place
   the teams were in fierce contention for first place
   
   
3. () An occasion on which a winner is selected from among two or more contestants  ( competition , contest )
   an occasion on which a winner is selected from among two or more contestants
     The athletes trained rigorously for the upcoming competition.
   The athletes trained rigorously for the upcoming competition.
   
4. The contestant you hope to defeat  ( challenger , competition , contender , competitor , rival )
   the contestant you hope to defeat
    He had respect for his rivals
   he had respect for his rivals
    He wanted to know what the competition was doing
   he wanted to know what the competition was doing