A peace agreement is a formal agreement between two or more parties, usually countries, to end a state of war or hostility. The most common terms used to describe such an agreement are 'TRUCE' (5 letters), 'PACT' (4 letters) and 'TREATY' (6 letters). A TRUCE is a temporary cessation of hostilities, while a PACT is a binding agreement between two or more parties. A TREATY is a formal, legally binding agreement between two or more states. All three terms are used to describe a peace agreement, which is an agreement between two or more parties to end a state of war or hostility.