persiflage vs give-and-take

persiflage and give-and-take both are nouns.

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

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

Other hypernyms of persiflage include backchat, banter, raillery.

persiflage (noun)	give-and-take (noun)
light teasing	mutual interaction; the activity of reciprocating or exchanging (especially information)
	an exchange of views on some topic
	light teasing repartee