pact

[pakt]
noun
1.
an agreement, covenant, or compact: We made a pact not to argue any more.
2.
an agreement or treaty between two or more nations: a pact between Germany and Italy.

Origin:
1400–50; late Middle English pact(e) < Middle French < Latin pactum, noun use of neuter of past participle of pacīscī to make a bargain, contract

packed, pact.
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World English Dictionary
pact (pækt) [Click for IPA pronunciation guide]
 
n
an agreement or compact between two or more parties, nations, etc, for mutual advantage
 
[C15: from Old French pacte, from Latin pactum, from pacīscī to agree]

Collins English Dictionary - Complete & Unabridged 10th Edition
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00:10
Pact is always a great word to know.
So is lollapalooza. Does it mean:
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
Etymonline
Word Origin & History

pact
early 15c., from M.Fr. pacte "agreement, treaty, compact," from L. pactum "contract, covenant," from neut. pp. of pacisci "to covenant, to agree, make a treaty," from PIE base *pag- "fix, join together, unite, make firm" (cf. Skt. pasa- "cord, rope," Avestan pas- "to fetter," Gk. pegnynai "to fix, make
firm, fast or solid," L. pangere "to fix, to fasten," Rus. pazu "joint," O.E. fegan "to join," fon "to catch seize").
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Under the terms of the pact, rebels and opposition parties are to be given a
  large share of power.
Opinions were divided over the new pact's significance.
They married, but their hasty pact quickly unraveled.
It's the secret, unspoken pact between consumer and producer.
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