De concurrentie
Example: De concurrentie in de markt is de laatste tijd toegenomen.
Definition
"De concurrentie" refers to the competition in a market or industry where businesses or individuals strive to gain an advantage or attract customers. It involves rivalry between companies aiming to increase their market share, improve products, or reduce prices to outperform others.
Etymology
The Dutch term "de concurrentie" comes from the Latin word 'concurrere,' meaning 'to run together' or 'to compete.' This reflects the idea of multiple parties running or striving towards the same goal, which is central to the concept of competition. Did you know? The English word 'concurrent' shares the same Latin root, highlighting simultaneous efforts.
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"De concurrentie" appears in the Vocaplus list "Dutch - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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the competition