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apient
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There are 6 letters in APIENT ( A1E1I1N1P3T1 )
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| Apient might refer to |
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The Asiento was the license issued by the Spanish crown, by which a set of merchants received the monopoly on a trade route or product, They were included in some peace treaties. An example of it was the payment of a fee, granting legal permission to sell a fixed number of African slaves in the Spanish colonies. It was usually sold to foreigners, mainly Portuguese. It was considered a tangible asset, comparable to tax farming, and a source of profit for the Spanish crown. The original impetus to import African slaves was to relieve the indigenous inhabitants of the colonies from the labor demands of the Spanish colonists. Dutch merchants became involved in the slave trade. In 1713, the British were awarded the right to the asiento in the Treaty of Utrecht, which ended the War of the Spanish Succession. The British government passed its rights to the South Sea Company. The British asiento ended with the 1750 Treaty of Madrid between Great Britain and Spain. * In Spain the asientos of the Genoveses (enemies of the Crown of Aragon) and later of the so-called Marranos or Portuguese Jews stand out. * In many cases, intra-nationally, a seat in the form of financing in the case of economies of scale resulted in a chartered company, which was a commercial company whose activities enjoyed the protection of the State by means of a special privilege, which, although it did not always constitute a total monopoly. Its existence dates back to 14th century in Italy, highlighting the British East India Company, the Dutch West India Company or the Casa de la Contratación de Indias in Seville. |