2: Another variety of the truces sign is making a peace sign with the pinkie with the exception of the ring finger.
3: In a basketball game when both teams' scores are up they can truce it, team leading by three wins.
4: Agreement, peace, treaty.
-"Alright Lebron it's 9 up, wanna truce it?" -"Doesnt matter Kobe, you will loose"
"Castro, we'd like to call a truce"