Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “competitive”

competitive

adjective
 
 
/kəmˈpetɪtɪv/ COMMERCE, ECONOMICS
involving or encouraging competition: highly/extremely/fiercely competitive The severe downturn in the worldwide semiconductor market has increased competitive pressures in the Japanese market. The corporate watchdog law requires large companies to formalize competitive processes for selecting vendors.
competitive prices, services, etc. are as good as or better than other prices, services, etc.: The technology exists to convert grain and sugar to ethanol at a competitive price. We know we have competitive products to sell, if only consumers had access to them. The hotel works hard to offer competitive salaries and benefits to our employees. We can't put up our prices and still remain competitive with similar brands.
competitively /kəmˈpetɪtɪvli/ US   /-ˈpeṱəţɪv-/ adverb
(Definition of competitive from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of competitive?
Add Cambridge dictionaries to your browser to your website

Definitions of “competitive” in other dictionaries

Word of the Day

nip

to press something quickly and quite hard between two objects, especially sharp objects such as teeth or nails

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More