Work or play (3)
I believe the answer is:
act
I believe this is a double definition.
'work' is the first definition.
(synonyms)
'play' is the second definition.
(synonyms)
'or' is the link.
(Other definitions for act that I've seen before include "Perform theatrically" , "law passed" , "Play (a role)" , "Major division of play" , "Exploit" .)