The term 'GIVE AND RECEIVE' can be summed up as an EXCHANGE. This term is often used to describe a situation in which two parties are involved in a mutual transaction, where one party gives something and the other receives it. This term is commonly used in business, where goods or services are exchanged for money, or in relationships, where people give and receive emotional support. In either case, the EXCHANGE is mutually beneficial and both parties benefit from the transaction.