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Assiento

   Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
As`si`en´to
n.1.A contract or convention between Spain and other powers for furnishing negro slaves for the Spanish dominions in America, esp. the contract made with Great Britain in 1713.


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They listened always very attentively to my discourses on these heads, but especially to that part which related to the buying of negroes, which was a trade at that time, not only not far entered into, but, as far as it was, had been carried on by assientos, or permission of the kings of Spain and Portugal, and engrossed in the public stock: so that few negroes were bought, and these excessively dear.
 
 
 
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