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A written pact consists in the same forms of attracting the demon, but includes a written act, usually signed with the conjurer's blood (although sometimes it was also alleged that the whole act had to be written with blood; meanwhile some demonologists defended the idea of using red ink instead of blood and others ...

The term refers to the legend of Faust (or Faustus, or Doctor Faustus), a character in German folklore and literature, who agrees to surrender his soul to an evil spirit (in some treatments, Mephistopheles, or Mephisto, a representative of Satan) after a certain period of time in exchange for otherwise unattainable ...

Faustus does as Lucifer asks, writing a contract that gives ownership of his soul to Lucifer in exchange for twenty-four years of having Mephistopheles around to boss. In legal terminology, this contract is called a "deed of gift," and it's much more than just a piece of paper with some bloody chicken scratches.

As a spirit, Mephistopheles has some major supernatural powers, which he uses to keep Faustus in line. He manipulates our main man out of repenting by threatening him whenever he thinks about God or heaven, or calling on his devil friends to distract Faustus and win him back to the Dark Side.

Through Mephistopheles, he makes a deal with the devil to sell his soul in exchange for twenty-four years of magical knowledge. At the end of the twenty-four years, Faustus realizes that he has wasted his time and tries to reverse his deal with the devil. He fails and is dragged to hell.

Faustian bargain (plural Faustian bargains) (idiomatic) An agreement in which a person abandons his or her spiritual values or moral principles in order to obtain knowledge, wealth or other benefits.