one-up·man·ship

[wuhn-uhp-muhn-ship]
noun
the art or practice of achieving, demonstrating, or assuming superiority in one's rivalry with a friend or opponent by obtaining privilege, status, status symbols, etc.: the one-upmanship of getting into the president's car pool.
Also, one-ups·man·ship [wuhn-uhps-muhn-ship] .
Also called upmanship, upsmanship.


Origin:
1950–55; one up + -manship

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Collins
World English Dictionary
one-upmanship (wʌnˈʌpmənʃɪp) [Click for IPA pronunciation guide]
 
n
informal the art or practice of achieving or maintaining an advantage over others, often by slightly unscrupulous means

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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00:10
One-upmanship is always a great word to know.
So is callithumpian. Does it mean:
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
Example sentences
Independent experts, however, caution against such nationalistic one-upmanship.
Mercifully, the candidate roster was exhausted before the one-upmanship moved
  to boiling and flaying.
Supersized yachts are the latest examples of one-upmanship among billionaires.
Whatever their origin, they all serve a purpose that goes beyond boasting or
  one-upmanship, experts say.
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