competitor

competitor definition - business

competitor

  1. A rival that offers a competitive product or service in a firm's marketing area.
  2. An aggressive and hard-working person.
  3. A business that works hard to compete with rivals.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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