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Meaning of “give and take” in the English Dictionary

(Definition of give and take from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"give-and-take" in American English

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give-and-takenoun [U]

 us   /ˌɡɪv·ənˈteɪk/
a free exchange of ideas or opinions: We were simply told what to do – there wasn’t any give-and-take.
A give-and-take is also the willingness to accept some of another person's ideas and give up some of your own: Any successful negotiation involves some give-and-take.
(Definition of give-and-take from the Cambridge Academic Content Dictionary © Cambridge University Press)
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