Definitions for competition

(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")