Asiento and Piracy

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Difference between Asiento and Piracy

Asiento vs. Piracy

The asiento was the license issued by the Spanish crown, they were included in some peace treaties, by which a set of merchants received the monopoly on a trade route or product, 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. Piracy is an act of robbery or criminal violence by ship or boat-borne attackers upon another ship or a coastal area, typically with the goal of stealing cargo and other valuable items or properties.

Charles II of England

Charles II (29 May 1630 – 6 February 1685) was king of England, Scotland and Ireland.

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Charles V, Holy Roman Emperor

Charles V (Carlos; Karl; Carlo; Karel; Carolus; 24 February 1500 – 21 September 1558) was ruler of both the Holy Roman Empire from 1519 and the Spanish Empire (as Charles I of Spain) from 1516, as well as of the lands of the former Duchy of Burgundy from 1506.

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East India Company

The East India Company (EIC), also known as the Honourable East India Company (HEIC) or the British East India Company and informally as John Company, was an English and later British joint-stock company, formed to trade with the East Indies (in present-day terms, Maritime Southeast Asia), but ended up trading mainly with Qing China and seizing control of large parts of the Indian subcontinent.

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Kingdom of Great Britain

The Kingdom of Great Britain, officially called simply Great Britain,Parliament of the Kingdom of England.

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Royal African Company

The Royal African Company (RAC) was an English mercantile (trading) company set up by the Stuart family and City of London merchants to trade along the west coast of Africa.

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Seville

Seville (Sevilla) is the capital and largest city of the autonomous community of Andalusia and the province of Seville, Spain.

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Spanish Empire

The Spanish Empire (Imperio Español; Imperium Hispanicum), historically known as the Hispanic Monarchy (Monarquía Hispánica) and as the Catholic Monarchy (Monarquía Católica) was one of the largest empires in history.

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Trade route

A trade route is a logistical network identified as a series of pathways and stoppages used for the commercial transport of cargo.

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Treaty of Utrecht

The Treaty of Utrecht, which established the Peace of Utrecht, is a series of individual peace treaties, rather than a single document, signed by the belligerents in the War of the Spanish Succession, in the Dutch city of Utrecht in March and April 1713.

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War of the Spanish Succession

The War of the Spanish Succession (1701–1714) was a European conflict of the early 18th century, triggered by the death of the childless Charles II of Spain in November 1700.

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