light teasing repartee
"The couple spent the evening laughing as they engaged in playful banter while cooking dinner together."
Sharp, good-humoured, playful, typically spontaneous conversation.
"The two friends laughed all the way to the store while engaging in their usual sharp and spontaneous banter about the latest movie trends."
To engage in banter or playful conversation.
"The teammates laughed as they exchanged light-hearted banter before kickoff."