strategic advantagenoun [ C or U ] uk â us â. âº if a company or country has a strategic advantage, it has a particular characteristic or way of doing things that makes it more successful than others: create/gain a strategic advantage Gazprom has gained a strategic advantage by securing export routes and carving up markets.
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Wiktionary(3.00 / 1 vote)Rate this definition: 1  dictionary(Noun) A reference work with a list of words from one or more languages, normally ordered alphabetically and explaining each word's meaning and sometimes containing information on its etymology, usage, translations and other data.