Longman Dictionary of Contemporary English homepage

competitive

 adjective
     
com‧pet‧i‧tive S2 W3
1 determined or trying very hard to be more successful than other people or businesses [↪ compete, competitor]:
Some US industries are not as competitive as they have been in the past.
The team seems to have lost its competitive edge recently (=its ability to compete well).
2 relating to competition [↪ compete, competitor]:
Competitive sports encourage children to work together as a team.
highly/fiercely/intensely etc competitive
Advertising is an intensely competitive business.
3 products or prices that are competitive are cheaper than others but still of good quality:
The hotel offers a high standard of service at competitive rates.
—competitively adverb
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.

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