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ASSIENTO

Volume 1 · 65 words · 1771 Edition

a Spanish word signifying a farm, in commerce, is used for a bargain between the king of Spain and other powers, for importing negroes into the Spanish dominions in America, and particularly to Buenos Ayres. The first assiento was made by the French Guinea company; and, by the treaty of Utrecht, transferred to the English, who were to furnish four thousand eight hundred negroes annually.