second best

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second best

One that is next to the best.
Next to the best.

sec′ond-best′ adj.

sec′ond best′

a person or thing that is next after the best.
sec′ond-best′, adj.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.second best - the competitor who finishes second
challenger, competitor, contender, rival, competition - the contestant you hope to defeat; "he had respect for his rivals"; "he wanted to know what the competition was doing"
References in periodicals archive ?
The general theory of the second best, upon which Lipsey (2007) reflects after 50 years, uses demonstrative reasoning to demonstrate the general impossibility of Pareto improvements through piecemeal policy guided by the necessary conditions for Pareto efficiency.
However, with preexisting distortions, the theory of the second best comes into play.
The theory of the second best compels us to revise our conditional efficiency condition [5, 586] to recognize the possibility of partially offsetting distortions in input markets.