Nah man, that doesn't sound right. See "pair rent" is much more believable. Everyone knows that these conspiracy things always need to rhyme or sound similar or have the same letters but rearranged. Not be the same word in another language, that's just bunk.

Pair rent ‘em

Well, the book didn't say that's the origin of the word. Just that the happenstance of it being similar to the phrase makes the government like using the word.