Usually means: Response of demand to competitor's price.
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We found 5 dictionaries that define the word cross elasticity of demand:

General (2 matching dictionaries)
  1. Cross elasticity of demand: Wikipedia, the Free Encyclopedia
  2. cross elasticity of demand: Wiktionary

Business (3 matching dictionaries)
  1. Cross Elasticity Of Demand: Investopedia
  2. Accounting, Business Studies and Economics Dictionary (No longer online)
  3. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (cross elasticity of demand)

noun:  (economics) an economic metric that measures the responsiveness of the quantity demanded for a good to a change in the price of another good

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