tradeoff
Noun
Meaning
an exchange that occurs as a compromise
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Phrases with the word
Examples
I think that commercials can really ruin a song. You know that the person sold the song for a good deal of money, and that was the tradeoff. But, music and picture can marry in a beautiful way, and the reverse also.
A star may guarantee business, but the tradeoff is a very short run.
I faced a tradeoff between eating and buying my medicine
A key aspect of many supervised learning methods is that they are able to adjust this tradeoff between bias and variance (either automatically or by providing a bias/variance parameter that the user can adjust).
A fundamental principle of investing known as the risk/reward tradeoff means that when you make an informed decision to assume some risk, you also create the opportunity for reward.
A larger pool of genuine losses tilts the tradeoff in favor of a more lenient capital loss limit.