nouns
a business relation in which two parties compete to gain customers
"business competition can be fiendish at times"
is a type of (narrower)
a relation between different business enterprises
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"