I am looking for a word that describes the balancing effect of the situation. This word is used when a certain action taken as an output it has advantages from one point of view but also disadvantages from the other point of view.
closed as off-topic by SamBC, fred2, Varun Nair, Hellion, Jim Reynolds Apr 26 at 6:04
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Here are a few words:
(Definitions from Longman Dictionary of Contemporary English)
if two or more things balance out, the final result is that they are equal in amount, importance, or effect
• Sometimes I look after the kids and sometimes John does – it all balances out.
Examples from the Corpus
• Sometimes we have a slight loss and sometimes a slight surplus, but over time they balance out.
if things even out, or if you even them out, the differences between them become smaller
SYN level out
• The differences in their income should even out over time.
a balance between different people, groups, or forces that compete with each other, so that none is stronger than the others and a situation is not likely to change suddenly
•The government is anxious not to upset the economic equilibrium.
a state in which you are calm and not angry or upset
•She struggled to recover her equilibrium.
I can also think of counterbalance and equalize as two other verbs that may come handy for you depending on the context you're going to use them.
You are looking for the word: trade-off