Give and Take

In its most basic sense, it refers to two or more people or parties exchanging something back and forth, and often has to do with ideas, such as give and take in conversations or discussions, where each person contributes something to the topic, and each also takes away something new.

It can also mean reaching an agreement on a dispute by each party agreeing to compromise. You can see that it is related to the above sense, because they negotiate, and each gives something, but also takes something away, such as countries negotiating a border dispute. Both may want the same piece of land, but through give and take, or compromise, they agree that one of them will claim one part of the land, say from the mountains to the river, and the other will take the other piece of land, from the other side of the river to the ocean.