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What does rivalry mean?

Looking for the meaning or definition of the word rivalry? Here's what it means.

Noun
  1. An ongoing relationship between (usually two) rivals who compete for superiority.
  2. (economics) The characteristic of being a rivalrous good, such that it can be consumed or used by only one person at a time.
  3. Any competition between two or more things or factors.
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Examples
When asked how he feels about TAAFI horning in on his still-developing territory, he is quick to brush away any suggested rivalry.
It also reveals a rivalry between some of the top DJs that is certainly more friendly than acrimonious.
The animal-impulse of Miniature Golf rivalry can end in the victorious wallow of gratification or the blaze-of-glory, club-throwing tanty.
The lifelong rivalry of cosmetics queens Elizabeth Arden and Helena Rubinstein makes for riveting reading.
Among this group, friendly rivalry gave rise to creative innovation, and most carvers refined their skills.
This is a competition that creates friendly rivalry among the participants and the judging is anticipated with great enthusiasm.

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