loculation. Definitions: 1. A loculate region in an organ or tissue, or a loculate structure formed between surfaces of organs, mucous or serous membranes, and so on. 2. The process that results in the formation of a loculus or loculi. The definition information for loculation is provided by Stedman's.
Competitive markets, sometimes referred to as perfectly competitive markets (or perfect competition), have three specific features. The first feature is that a competitive market consists of a large number of buyers and sellers that are small relative to the size of the overall market.
competitive forces. Definition. Forces that shape industries and economic sectors, which can be used to determine the competitive strength or weakness of a company. Some competitive forces include the threat of substitute products, the power of customers, the power of suppliers, the potential for new competitors, and the current number of competing firms in the industry.