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What is an assiento?

What is an assiento? Here are some definitions.

Noun
  1. (historical) A contract or convention between Spain and other powers for furnishing Negro slaves for the Spanish dominions in America, especially the contract made with Great Britain in 1713.
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Examples
A good ministry would have considered how a renewal of the assiento might have been obtained.
To estimate the extent of the smuggling trade directly traceable to the loop-holes which the assiento offered, was impossible.
This contract was technically called in those days an assiento.

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