Wiktionary
a. (context of bread English) prepare in advance, to be finished off by bake. n. A cooking contest, especially one where competition is head-to-head, not limited to preparing food involving baking.
Usage examples of "bake-off".
They're matching, dollar for dollar, all the money raised by the celebrity auction, bike-a-thon, pasty bake-off, etc.
When they emerged from the judges' chamber and handed the two winning numbers to the chairperson of the bake-off, he stepped to the microphone.
The weekend had been an editor's delight, with the Celebrity Auction, the Pasty Bake-off and the bike-a-thon.
You know, the sweet compliant daughter who enters her homemade cookies in the county fair bake-off every year, and puts her hair in curlers at night so the ends will flip just the right way in the morning.
If a man wanted to spin out his retirement in a small country town where everyone minded his own business and the big event of any given week was apt to be the Ladies' Auxiliary Bake-off, then the Lot would have been a good choice.