Definition, Meaning & Synonyms
paction
noun
/ˈpækʃən/
Definition
A formal agreement or contract between parties.
Examples
- The two companies entered into a paction to collaborate on the new project.
- After much negotiation, they reached a paction that satisfied both parties.
- The paction was formally signed in the presence of witnesses.
Meaning
Paction refers to a binding agreement or arrangement made by two or more parties, often involving obligations or promises to fulfill certain conditions.
Synonyms
- agreement
- contract
- arrangement
- treaty
- pact
