Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “competitive”

See all translations

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

beginner's luck

unexpected success experienced by a person who is just starting a particular activity

Word of the Day

Think long and hard; the language of decisions

by Liz Walter,
January 28, 2015
One of the best ways (perhaps the best way) to improve your English is to learn how words go together in phrases, idioms, or other patterns such as verb/noun or adjective/noun pairs (often called ‘collocations’). This blog looks at some useful phrases and collocations connected with the subject of decisions, something we

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More