Beginning of an arbitration agreement (compromissum) drawn up at Arsinoiton Polis in the Fayum on Pharmouthi 27 of a 12th indiction. The parties, apparently people from a hamlet including one Palous, agree of their own free will to submit a dispute to arbitration; the rest is lost.
In English machine translation
[† In the name of the Lord] and Master Jesus
[Christ, God and] our [Sa]viour, and of
[our Lady the h]oly Theotokos
[and all the saints,] Pharmouthi 27, 12th indiction, in Ar(sinoiton Polis).
[…] [this] compromise
[they make with] one another of their own free will
[…] of those from the hamlet (?)
[…] Apollo
[…] and Palous […]
[…]
A kompromisson is a contract by which parties agree to submit their dispute to arbitrators and abide by the decision. The invocation formula points to the late Byzantine period (late 6th or 7th century AD).
Working translation of the DDbDP edition, made with Claude Opus 5.5 from the edition and the catalogue records shown below (catalogued as Schiedsvertrag). It has not been reviewed by a papyrologist: check the edition before citing. Restorations follow the edition; […] marks lost text and (?) an uncertain reading.