Examples:

• With the current market volatility, there are plenty of good investments up for grabs for those with enough capital to invest.
• The position of CEO is up for grabs since the current CEO announced his retirement.
• The last spot in the playoffs is up for grabs, and every team is fighting hard to secure it.
• There are some great bargains up for grabs at the end-of-season sale.
• The championship title is up for grabs this year, as none of the teams have emerged as clear favorites yet.
• With the recent changes in government policy, there are a lot of government contracts up for grabs for companies that can meet the new requirements.
• The company merger has left some high-level jobs up for grabs, and many employees are vying for the promotions.
• The prize for the charity auction is a luxury cruise, and it's definitely up for grabs for the highest bidder.
• The land developers are eyeing the empty lot, which is up for grabs at the right price.
• The last remaining scholarship for the top-performing student is up for grabs, and everyone is studying hard to get it.