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1.
1.) an ultimate decision for a scheduled social gathering planned and agreed upon in advance by a vast majority of the attendees

2.) a verdict reached amongst close friends or family
Broracio - "Brochacho, whats the wordict (actually a typo but Im going with it...word and verdict) on the 25th? Are we gonna see you at Las Viboras?"
Brochacho - "Broracio! It's comfirmed. I think our jefes were on the phone this past friday making plans on who is taking the beer, and who is taking the tequila. PS i'm stealing your new word."
by Broracio February 17, 2012