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Definition of Asseinto

Assien`to, a treaty with Spain to supply negroes for her colonies, concluded in succession with the Flemings, the Genoese, a French company, the English, and finally the South Sea Company, who relinquished their rights in 1750 on compensation by Spain.
- Wikipedia

||As`si*en"to (&?;), n. [Sp. asiento seat, contract or agreement, fr. asentar to place on a chair, to adjust, to make an agreement; a (L. ad) + sentar, a participial verb; as if there were a L. sedentare to cause to sit, fr. sedens, sedentis, p. pr. of sed&?;re to sit.] A contract or convention between Spain and other powers for furnishing negro slaves for the Spanish dominions in America, esp. the contract made with Great Britain in 1713.

- Webster's Unabridged Dictionary (1913)

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The correct Spelling of this word is: Assiento

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