loosepact

noun
UK /ˌluːsˈpækt/
US /ˌlusˈpækt/

A loose pact is a promise that is not very strict.

The two friends made a loosepact to share their toys, but they could change their minds.


OTHER MEANINGS

2. An agreement that can be easily broken or changed.

Their loosepact fell apart when one of them moved away.

3. A friendly understanding without official rules.

We had a loosepact about borrowing books from each other.

4. A plan that is not firmly fixed.

The loosepact for the trip meant they could decide the date later.