Trade off

usgb
noun

A situation where you give up something to get something else.

There's always a trade off between spending time at work and having time with family.
Visual representation of "trade off" - A situation where you give up something to get something else.

Often appears as...

  • quality/cost trade off
  • risk/reward trade off
Definition 1 of 2
Visual representation of "trade off"
LampPro Tip 1/3

Decision Making

Used when decisions involve losing one benefit for gaining another.

Illustration for Decision Making
Choosing a job closer to home is a trade off for a higher salary elsewhere.
LampPro Tip 2/3

Resource Allocation

Helps discuss how limited resources like time, money, or effort are distributed.

Illustration for Resource Allocation
There's a trade off between the number of employees and the funds available for raises.
LampPro Tip 3/3

Quantities

Can involve physical quantities, like distance or weight, not just conceptual ones.

Illustration for Quantities
The trade off for a bigger car is often less fuel efficiency.
Visual representation of the word "Trade off"

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