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Definitions from the Web

Tradeoff

Definition:

A tradeoff refers to a situation where one thing is sacrificed in order to gain another. It involves making a decision or choice where the benefits and drawbacks of different options are weighed against each other.

Examples:

1. Noun (General Sense): In order to achieve higher profits, the company made a tradeoff by reducing the quality of its products.
2. Noun (Business Sense): The tradeoff between cost and quality is a common consideration when selecting suppliers.
3. Verb (General Sense): By opting for a less expensive car, she had to tradeoff some features and comfort.
4. Verb (Computing Sense): To enhance performance, the software engineers had to tradeoff coding simplicity and efficiency.

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