What does a trade off mean

Any situation in which the quality or quantity of one thing must be decreased for another to be increased. A trade-off is a situation that involves losing one quality or aspect of something in return for gaining another quality or aspect. It often implies a decision to be made with full comprehension of both the upside and downside of a particular choice; the term is also used in an evolutionary context, in which case the selection process acts as the "decision-maker". Chief Executive James Gorman :. The trade-off between revenue growth and margin expansion is important, this year, we would be more interested in driving higher revenue growth within this margin range that we've been public on.

trade something ↔ off

To be sure, the trade-off for adhering to Chinese restrictions is a lucrative market of professionals. As a trade-off for those funds, Galactic is committed to creating a Spaceport in Abu Dhabi—a place that loves excess. It's not that they're making a trade-off between this and another piece of jewelry.

That's a trade-off elite politicians are more than happy to make, but where is the concern for the native born working class? What do you get when you cross the Marvel Universe and a dictionary? This fantastic vocabulary quiz!

Origin of trade-off First recorded in —65; noun use of verb phrase trade off. Words nearby trade-off trade wind , trade winds , trade-in , trade-last , trade-name , trade-off , trade-weighted , traded option , trademark , tradeoff , trader. Words related to trade-off deal , establishment , agreement , contract , arrangement , compensation , resolution , payment , pact , accord , adjustment , bargain , understanding , concession , settlement , accommodation , acknowledgment , grant , admission , compromise.

Example sentences from the Web for trade-off To be sure, the trade-off for adhering to Chinese restrictions is a lucrative market of professionals. The Heritage Immigration Study, Ctd.

wiacek.com.au › dictionary › english › trade-off. a situation in which you accept something you do not like or want in order to have something that you want: a trade-off between sth and sth.

Use trade off in a sentence. An example of a trade off is when you have to put up with a half hour commute in order to make more money. Sentences Sentence examples. By continuing, you agree to our Terms of Use and Privacy Policy.

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Breaking the Trade-Off Between Efficiency and Service

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Index: Political Economy Terms

When choices are made collectively or by an individual to accept having less of one thing in order to get more of something else, the results are called trade-offs. For example, when one is allocating limited funds, the trade-off usually involves reduced spending for some purposes in order to be able to spend more for other more urgent purposes. However, the concept does not apply only or even primarily to decisions involving money. A student faced with the choice of spending Saturday studying for a Political Economy exam or shopping at The Mall makes a trade-off of shopping time for study time in deciding how many hours to study and how many to spend shopping. Society also makes trade-offs -- such as, for example, between its need for a more plentiful supply of energy and its need to prevent excessive deterioration of the environment caused by energy production technologies. Evaluating trade-offs, when done carefully and systematically, involves comparing the costs [see opportunity cost ] and benefits of each of the available alternatives with each other. Most choices and thus most trade-offs are not all-or-nothing decisions; rather they typically involve small changes at the margin -- a little more of this at the cost of a little less of that. Producers must constantly be deciding and reevaluating their trade-offs in choosing whether to produce somewhat more or somewhat less of a particular product, whether to add a few more workers or lay a few off, whether to invest in more plant and equipment or whether to close down some of existing capacity, and so on -- in their efforts to maximize profits.

To be sure, the trade-off for adhering to Chinese restrictions is a lucrative market of professionals. As a trade-off for those funds, Galactic is committed to creating a Spaceport in Abu Dhabi—a place that loves excess.

To deliver consistent quality at sustainable cost, companies must learn to manage that involvement. For manufacturers, customers are the open wallets at the end of the supply chain.

A trade-off or tradeoff is a situational decision that involves diminishing or losing one quality, quantity or property of a set or design in return for gains in other aspects. In simple terms, a tradeoff is where one thing increases and another must decrease. Tradeoffs stem from limitations of many origins, including simple physics — for instance, only a certain volume of objects can fit into a given space, so a full container must remove some items in order to accept any more, and vessels can carry a few large items or multiple small items. Tradeoffs also commonly refer to different configurations of a single item, such as the tuning of strings on a guitar to enable different notes to be played, as well as allocation of time and attention towards different tasks. The concept of a tradeoff suggests a tactical or strategic choice made with full comprehension of the advantages and disadvantages of each setup. An economic example is the decision to invest in stocks, which are risky but carry great potential return, versus bonds, which are generally safer but with lower potential returns. The term is also used widely in an evolutionary context, in which case the processes of natural selection and sexual selection are in reference as the ultimate decisive factors. The concept of a trade-off is often used to describe situations in everyday life. Similarly, trash cans that are used inside and then taken out to the street and emptied into a Dumpster can be small or large. A large trash can does not need to be taken out to the Dumpster so often, but it may become so heavy when full that the user risks strain or back injury when moving it. The choice of waste receptacle is a trade-off between the frequency of needing to take the trash out for the Dumpster versus the ease and safety of use. In the case of food waste, a second trade-off presents itself as large trash cans are more likely to sit for a long time in the kitchen, leading to higher levels of decomposing food indoors and a potential pest attraction. With a small trash can, the can will be taken out to the Dumpster more often, thus eliminating the persist rot that attracts pests.

To save this word, you'll need to log in. See more words from the same year Dictionary Entries near trade-off trademark trademark infringement trade name trade-off trade places with someone trade practice trade publisher. Accessed 10 May. Keep scrolling for more More Definitions for trade-off trade-off. Please tell us where you read or heard it including the quote, if possible. Name that Fruit!