noun.
The act of seeking or endeavoring to gain what another is endeavoring to gain at the same time; common contest or striving for the same object; strife for superiority; rivalry: as, the competition of two candidates for an office. Formerly it was sometimes followed by to, now always by for, before the thing sought.
noun.
A trial of skill proposed as a test of superiority or comparative fitness.
noun.
In Scots law, a contest which arises on bankruptcy between creditors claiming in virtue of their respective securities or diligences.
noun.
In political economics, rivalry in the purchase or sale of a commodity or service: as, the competition of wage-earners lowers wages; British merchants have to meet German competition.