Definition of GIVE-AND-TAKE

an exchange of views for the purpose of exploring a subject or deciding an issue <a give-and-take about what we should do Saturday night>
the act or practice of each side giving up something in order to reach an agreement <negotiating the terms of the deal will require some give-and-take on both sides>
good-natured teasing or exchanging of clever remarks <enjoyed the flirty give-and-take between the two romantic lead characters>

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