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Asiento

The Asiento was the permission given by the Spanish government to other countries to sell people as slaves to the Spanish colonies, between the years 1543 and 1834.

In British history, it usually refers to the contract between Spain and Great Britain created in 1713 that dealt with the supply of African slaves for the Spanish territories in the Americas. The British government passed its rights to the South Sea Company.

Usage examples of "asiento".

Harley, our Lord Treasurer, made arrangements for this Asiento to become an asset, as it were, of the South Sea Company.

As for the Nobility, they had been as preoccupied with a violent and ghastly spectacle of a different character: down in Westminster, the Whigs had suddenly begun to ask pointed questions as to what had become of certain Asiento revenues.

Yes, Comstock has put Viscount Bolingbroke on the spot regarding that Asiento money.

Pyx gambit, though excellent, may have to be set aside, for now, so that he may mass all his efforts on rebuttal of the Asiento allegations.

Parliament is prorogued, and so he need not concern himself, for the moment, about the Asiento money.

In August 1701 he obtained for French traders the asiento, the profitable and coveted monopoly in negro slaves.

We acquired Newfoundland, Nova Scotia, and the Hudson Bay territory, and, in addition to the asiento, the right of trading in the possessions of the House of Bourbon--in fact, the commerce of the world.

Aquel lugar, de forma ovalada, estaba rodeado por enormes bloques de piedra que se eleĀ­vaban en gradas para dar asiento a los espectadores.