Homonym: Trade-Off (Compromise)
A "trade-off" is a situation where you have to give up one thing to gain something else. For example, if you decide to spend your money on a new video game, you might have to skip buying a new shirt. This means you are weighing the benefits of each choice and deciding which one is more important to you at that moment.
In everyday life, trade-offs are common. When you choose to study for an exam instead of going out with friends, you are trading your social time for better grades. Understanding trade-offs helps you make better decisions by considering what you value most in different situations.