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English definition of “give and take”

give and take

noun    
C2 [U] willingness to accept suggestions from another person and give up some of your own: In every friendship there has to be some give and take.Reciprocating [S] US an exchange of ideas or statements : The candidates engaged in a lively give and take, witnessed by a huge television audience .Debate and discussion
(Definition of give and take noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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