latifundium

 
Pronunciation: /ˌlɑːtɪˈfʌndɪəm, ˌlatɪ-/

noun (plural latifundia)

  • a large landed estate or ranch in ancient Rome or more recently in Spain or Latin America, typically worked by peasants or slaves.

Origin:

mid 17th century: from Latin, from latus 'broad' + fundus 'landed estate', partly via Spanish