A grant (asiento) of two hundred leagues of the coast from the boundary of the Portuguese possessions southward towards the Straits of Magellan, and the inland country which lay behind it.
The English, after the treaty of Utrecht (1715) held the contract (asiento) for supplying the Spanish-American colonies with negro slaves.
By the treaty of Utrecht the asiento, 2 or contract for supplying the Spanish colonies with 4800 negroes annually, which had previously passed from the Dutch to the French, was transferred to Great Britain; an English company was to enjoy the monopoly for a period of thirty years from 1st May 1713.
Determination to revoke the asiento, and Sir Robert Walpole was forced by popular feeling into war with Spain.
AMBATO, or ASIENTO DE Ambato, an inland town of Ecuador, capital of the province of Tunguragua, 80 m.