trade-offs

noun
UK /ˈtreɪd ɒfs/
US /ˈtreɪd ɔfs/

A trade-off is when you give up one thing to get another thing.

Choosing to play outside instead of doing homework is a trade-off.


OTHER MEANINGS

2. A situation where getting more of one good thing means getting less of another.

The trade-offs of a bigger house are higher bills and more cleaning.

3. A balance between two things that cannot both be fully had.

There is a trade-off between speed and accuracy when you rush your work.

4. An exchange in which each side gives something up.

The two friends made trade-offs, swapping cards they each wanted.