Just go back to the first Pirate movie.
Remember the 2 dimwitted guards with whom Jack Sparrow had a parlance (or parlay with pirates)? He always asked if they had an accord and NEVER asked for his "property" but his "effects" ... and the use of the word savvy?
parlance: a particular way of speaking or using words, especially a way common to those with a particular job or interest
parlay: a cumulative series of bets in which winnings accruing from each transaction are used as a stake for a further bet
accord: an agreement / treaty / contract (just as originally posted)
effects: a change that is a result or consequence of an action or other cause; the lighting, sound, or scenery used in a play, movie, or broadcast; personal belongings
savvy: shrewdness and practical knowledge; the ability to make good judgments; know or understand
So, in the pirate world, as in today's world, each interaction, or parlay, establishes an accord with its own parlance and one had better be savvy, lest one's effects be effected. In the biblical sense; Hosea 4.
We are called to be architects of the future, not its victims;
Resistance is futile.
If you think you can, you are correct.
If you think you can't, you are correct.