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What does rivalrous mean?

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

Adjective
  1. Having a relationship of rivalry.
  2. (economics) Which can be consumed by no more than one person at the same time.
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Examples
A basic PC chip is a rivalrous good, but it provides far more power than most computer owners ever use.
Getting the country's rivalrous regions to co-operate in the venture was a feat in itself.
Obviously, nothing prevents potentially rivalrous entrepreneurs from exploring for and exploiting new supplies of a specific resource.
Competition is a rivalrous process in which businesses struggle to be the best producers of goods and services.
Apparently not even psychic powers help rivalrous siblings connect with each other in adulthood.
The Kurds themselves are divided between two rivalrous parties that have fought before and might do so again.

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