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What is a trade-off?

What is a trade-off? Here are some definitions.

Noun
  1. Any situation in which the quality or quantity of one thing must be decreased for another to be increased.
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Examples
Essentially the decision comes down to a trade-off between features and portability.
Consequently, a trade-off has been predicted between competitive ability and flooding tolerance.
There may often be a trade-off between portability and ownership, and so users may have to decide which is more important.
A long-discredited hypothesis to explain this holds that substituting carbs and sugar for fat is a bad trade-off.
Nor, for once, does the good ride mean a trade-off in compromised handling.
At last, farmers escaped from the vicious trade-off between soil exhaustion and leaving land idle.

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