IPA: /ˈtreɪdˌɔf/
KK: /ˈtreɪdˌɔf/
A situation where you give up one thing to get something else that is considered better or more important.
In making decisions, there is often a tradeoff between cost and quality.
Tradeoff → It is formed from "trade" (from Old English *trædian*, meaning to barter or exchange) and "off" (meaning away or apart). The word "tradeoff" refers to the act of giving up one thing in return for another, highlighting the exchange involved.
Think of 'trading' something away ('off') for something else — that's what a tradeoff means.
No commonly confused words.