This is the 639th most frequent Italian word.
pace
Peace.
Here, 'pace' is used in a general/abstract sense to refer to the state of harmony and absence of conflict.
La pace è fondamentale per il progresso umano.
Peace is fundamental for human progress.
'Pace' in this context indicates a personal and subjective feeling of tranquility and calm.
Dopo una giornata lunga, ho trovato pace leggendo un libro.
After a long day, I found peace by reading a book.
In this sentence, 'pace' denotes the resolution of conflict and the establishment of amicable relations between parties.