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Answer for the clue "It involves much giving and taking ", 12 letters:
horsetrading

Alternative clues for the word horsetrading

Word definitions for horsetrading in dictionaries

Wiktionary Word definitions in Wiktionary
alt. (context idiomatic English) informal negotiate, especially when complex or clever in nature. n. (context idiomatic English) informal negotiate, especially when complex or clever in nature. vb. (present participle of horsetrade English)

Usage examples of horsetrading.

As I moved from circus to circus—from the Donnert to the Renz to the Busch, back to the Donnert again—I was variously a talker for the midway joints, and for the sideshow, and I worked advance and patch, and I became quite proficient at horsetrading.

Lord Kellos and Trisu's great-great-grandfather did some horsetrading back and forth over the exact boundaries of our holdings, and Lord Rathman gave us the exemption in return for a couple of offsetting concessions from Lord Kellos.