compact2

 
Pronunciation: /ˈkɒmpakt/

noun

  • a formal agreement or contract between two or more parties: they signed a compact with the United States a peace compact

verb

[with object]
  • make or enter into (a formal agreement) with another party or parties: the Democratic Party compacted an alliance with dissident groups

Origin:

late 16th century: from Latin compactum, past participle of compacisci, from com- 'with' + pacisci 'make a covenant'. Compare with pact