Meaning of the word "on the one hand...on the other hand" in English

What does "on the one hand...on the other hand" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

on the one hand...on the other hand

US /ɑːn ðə wʌn hænd... ɑːn ðɪ ˈʌðər hænd/
UK /ɒn ðə wʌn hænd... ɒn ðɪ ˈʌðə hænd/
"on the one hand...on the other hand" picture

Phrase

used to present two contrasting points of view or aspects of an issue

Example:
On the one hand, I'd love to go on vacation, but on the other hand, I need to save money.
On the one hand, the new policy will benefit some, but on the other hand, it might disadvantage others.