What is defined as an agreement between two parties to do or not to do something?

A covenant is a specific type of agreement that typically involves formal commitments made between two parties, often in legal contexts. It usually implies a promise to engage in or refrain from certain actions, which aligns with the definition of an agreement between two parties to do or not to do something. Covenants are commonly found in property law and contracts, where they may impose restrictions or obligations on the parties involved, creating a binding obligation. This distinction is crucial, as the term "covenant" carries legal weight, indicating a stronger and more enforceable agreement compared to general notions of agreements or contracts. In contrast, terms like "contract" and "accord" may also refer to agreements, but they do not inherently carry the same implications of formal obligations that a covenant does.