WordNet (r) 3.0 (2006):

give-and-take
    n 1: an exchange of views on some topic; "we had a good
         discussion"; "we had a word or two about it" [syn:
         discussion, give-and-take, word]
    2: light teasing repartee [syn: banter, raillery, give-and-
       take, backchat]
    3: mutual interaction; the activity of reciprocating or
       exchanging (especially information) [syn: interchange,
       reciprocation, give-and-take]

Moby Thesaurus II by Grady Ward, 1.0:

166 Moby Thesaurus words for "give-and-take":
   abatement of differences, accommodation, adjustment, agency,
   alternation, arrangement, badinage, balance, ballast, banter,
   bargain, barter, bartering, battledore and shuttlecock, boomerang,
   brokerage, buying and selling, chaff, changeable,
   colloquial discourse, colloquy, comeback, communication, communion,
   commutable, commutation, commutative, composition, compromise,
   concession, consideration, conversation, converse, conversing,
   convertible, cooperation, cop-out, counter, counterbalance,
   counterblast, counterblow, counterchange, counterpoise,
   counterstroke, counterweight, cross fire, deal, dealing,
   defensibility, desertion of principle, discourse, doing business,
   drumhead justice, dueness, equal, equalizing, equipoise,
   equitableness, equity, equivalent, evasion of responsibility, even,
   evenhandedness, exchange, exchanged, fooling, fooling around,
   giving way, good-natured banter, harmless teasing, horse trading,
   interchange, interchangeable, interchanged, intercourse,
   interlocution, intermutation, interplay, jape, jest, jive, jobbing,
   joke, josh, justice, justifiability, justifiableness,
   justification, justness, kidding, kidding around, lawfulness,
   legality, lex talionis, makeweight, measure for measure, meetness,
   merchandising, mutual, mutual admiration, mutual concession,
   mutual support, mutual transfer, mutuality, nemesis, offset,
   permutable, permutation, persiflage, pleasantry, poetic justice,
   properness, propriety, quid pro quo, raillery, rallying, rapping,
   reciprocal, reciprocality, reciprocating, reciprocation,
   reciprocative, reciprocity, recoil, reply, retailing, retaliation,
   retaliatory, retort, retributive justice, return, returnable,
   ridicule, right, rightfulness, rightness, rude justice,
   scales of justice, setoff, settlement, something for something,
   something of value, sport, standard, summary justice, surrender,
   swapped, swapping, switched, tit for tat, trade, traded, trading,
   trafficking, transposal, transposed, transposition, twit,
   understanding, verbal intercourse, warrantability, warrantedness,
   what is right, wheeling and dealing, wholesaling, yielding