talks vs give-and-take

talks and give-and-take both are nouns.

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

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

Other hypernyms of talks include discussion, word.

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