give-and-take noun 3adjective 1forms 2 noun3 •The settling of differences through compromise and mutual concessions. •A process of compromise or accommodation.They hoped for an amicable solution, but both knew it would require some give and take. •A lively exchange of conversation. adjective1 •Transactional; concerning or requiring both concession and apprehension, not given or received without proportional or relative repercussion. formsmore give-and-take · most give-and-take