The phrasal verb 'trade off' is predominantly used in informal contexts, often appearing in discussions related to decision-making, where one choice is given up in favor of another, or a compromise is made. It is commonly encountered in business, economic, or everyday scenarios involving evaluations of pros and cons, such as assessing trade-offs between cost and quality, or convenience and sustainability. The term may surface in semi-formal contexts, like reports or discussions concerning strategic planning, but it is generally considered more casual. The concept of trade-off is integral to understanding opportunity cost in economics, which might occasionally lend it presence in more formal economic discourse. Additionally, 'trade off' often emphasizes the idea of negotiating or balancing competing priorities, making it a necessary term in project management, personal decision-making, and any situation where resources are limited.
B2
UpperIntermediate
1. To accept a disadvantage or make a compromise in order to gain something else of benefit.
You have to trade off higher pay for longer hours if you want that job.
She decided to trade off some of her free time for extra study sessions.
2. To exchange or substitute one thing for another in consideration of respective advantages and disadvantages.
They traded off a bigger apartment for a shorter commute.
The manager traded off some product features in order to keep the project on budget.