raillery vs give-and-take

raillery and give-and-take both are nouns.

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

As nouns, raillery and give-and-take are synonyms defined as:

Other synonyms of raillery include backchat, banter.

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