negotiation vs give-and-take

negotiation and give-and-take both are nouns.

Word	Noun	Adjective	Verb	Adverb
negotiation	Yes	No	No	No
give-and-take	Yes	No	No	No

As nouns, give-and-take is a hypernym of negotiation; that is, give-and-take is a word with a broader meaning than negotiation:

Other hypernyms of negotiation include discussion, word.

negotiation (noun)	give-and-take (noun)
the activity or business of negotiating an agreement; coming to terms	mutual interaction; the activity of reciprocating or exchanging (especially information)
a discussion intended to produce an agreement	an exchange of views on some topic
	light teasing repartee