Pre-shared key
The characteristics of this secret or key are determined by the system which uses it; some system require that such keys be in a specific format. It can be a password like 'bret13i', a passphrase like 'Idaho hung gear id gene', or a hexadecimal string like '65E4 E556 8622 EEE1'. The secret is used by all systems involved in the cryptographic processes used to secure the traffic between the systems.