compact
n. countable C1 Advanced US //ˈkɑmpækt// com·pact
n. a formal agreement between two or more people or groups. It is a serious promise to work together or follow certain rules.
n. a formal agreement or covenant between two or more parties. Often carries a legal or political connotation, implying a binding commitment to shared principles or actions.
The two nations signed a peace compact.
The local businesses formed a compact to reduce plastic waste across the entire shopping district.
The Mayflower Compact is often cited as one of the earliest examples of a self-governing agreement in the history of the American colonies.
Usage
Commonly used in historical or legal contexts; often takes the preposition 'between' or 'with'.