Meaning of ‘Competitive design’

Meaning of ‘Competitive design’

The passage below is from The Library: A Fragile History by Andrew Pettegree.

1. One of eighty-eight competitive designs for the New York Public Library (1897), and the building that it became, as seen from across the intersection of East 42nd Street and Fifth Avenue (1915).

1. 6. W. H. Symonds, Competitive design (one of eighty-eight submitted) for the New York Public Library (1897). Library of Congress, Washington DC: LC-DIG-ds-06530; The New York Public Library Main Branch as seen from across the intersection of East 42nd Street and Fifth Ave (1915). Library of Congress, Washington DC: LC-USZ62-133258.

The passage above explains 2 color plates about the New York Public Library. (Upper one is the explanations of the plates. Lower one is the explanations of the origin of the plates.)

I want to ask the meaning of ‘competitive’ in ‘Competitive design’.

In context it seems to mean design that was accepted as winner of eighty-eight submitted. (Am I right?) But dictionary shows no such meaning.

If I’m not right, what does that word mean?

Thanks in advance.