latifundio

/ˌlætɪˈfʌndioʊ/
noun
  1. A large landed estate or plantation, especially in Latin America, often worked by poor laborers or peasants.
    • The government passed a law to break up the largest latifundios and distribute land to farmers.
    • The latifundio covered thousands of acres and employed hundreds of workers.
    • Many latifundios in the region were established during the colonial period.
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