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The Collaborative International Dictionary
give-and-go

give-and-go \give-and-go\ n. (basketball) A maneuver in which one offensive player passes the ball to another, then runs toward the basket to take a return pass.

WordNet
give-and-go

n. a basketball maneuver; one offensive player passes the ball to another, then runs toward the basket to take a return pass

Wikipedia
Give-and-go

A give-and-go, or one-two, is a fundamental maneuver in many team sports which involves two players passing the ball or puck back and forth. The player who has the ball or puck passes to a teammate and then repositions in order to receive a return pass and a scoring opportunity.