Definition, Meaning & Synonyms
Dutch West India Company
Noun
/dʌtʃ wɛst ˈɪndiə kəmˈpæni/
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Definition
A chartered company of Dutch merchants, formed in 1621 to develop trade between the Netherlands and the Americas, primarily focusing on the Caribbean, West Africa, and North America.
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Examples
- The Dutch West India Company was instrumental in establishing settlements in the Caribbean.
- Historically, the Dutch West India Company heavily engaged in the transatlantic slave trade.
- The company’s activities contributed to the rise of Dutch colonial power in the 17th century.
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Meaning
The Dutch West India Company was established to promote Dutch interests and trade, particularly in the lucrative sugar and slave trade, and played a significant role in the colonization of parts of the Americas.
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Synonyms
- WIC
- Dutch Colonial Company
- West India Company