Also means
contest
Usage Note
Wettbewerb covers both rivalry in business (im Wettbewerb stehen, to be in competition) and an organised contest you can enter. The Wett- prefix (from wetten, to bet) marks it as a contest of merit.
Examples
"Der Wettbewerb war sehr hart."
Natural Translation
The competition was very tough.
Literal Translation
The competition was very hard.

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