Status/ˈstætəs/ Definition 1 of 4Pro Tip 1/2Comparative Nature Use 'status' to compare one entity's position to others in a similar category or group. A company's status in the market defines its competitiveness. Pro Tip 2/2Dynamic Quality 'Status' often indicates a position that can change over time, not a permanent one. The team's status as champions was jeopardized after losing.