A benefit that is also a liability, or (a benefit) that carries some significant but not-so-obvious cost or risk.
Origin
From the notion that if two sides of the same blade are sharp, it cuts both ways. The metaphor may have originated from the expression سَيْفٌ ذُو حَدَّيْنِ.
The metaphor is first attested to in English in the 15th century. It is not to be confused with a double-ended sword.
Modern English dictionary
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