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competitionOne entry found. Main Entry: com·pe·ti·tion Pronunciation: \ˌkäm-pə-ˈti-shən\ Function: noun Etymology: Late Latin competition-, competitio, from Latin competere Date: 1579 1 : the act or process of competing : rivalry: as a : the effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms b : active demand by two or more organisms or kinds of organisms for some environmental resource in short supply
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