rivalri·val1 /ˈraɪvəl/ noun [countableC]1a person, group, or organization that you compete withThe authorities hope that such changes will help Italian banks compete more effectively against European rivals.
rival forThe two men had been rivals for the top job three years ago.
Jack left his job and went to work for a rival company.
2one of a number of products that people can choose betweenThe car was a success because it met the needs of car buyers better than most of its rivals.
Your product needs to be better than rival products in precisely specified ways.
3rival bid/offerFINANCE a BID etc that is competing with anotherAnother travel company has now come in with a rival bid.