1910–1911
Britannica 11th
Encyclopaedia Britannica · 11th edition
ASIENTO, or ASSIEXTO (from the verb asentar, to place, or establish), a Spanish word meaning a farm of the taxes, or contract. The farmer or contractor is called an asentista. The word acquired a considerable notoriety in English and American history, on account of the " Asiento Treaty " of 1 7 1 3. Until 1 702 the Spanish government had given the contract for the supply of negroes to its colonies in America to the Genoese. But after the establishment of the Bourbon dynasty in 1700, a French company was formed whic…
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- Vol. 2, pp. 761-761