latifundium

noun

lat·​i·​fun·​di·​um ˌla-tə-ˈfən-dē-əm 

plural latifundia ˌla-tə-ˈfən-dē-ə 

: a great landed estate with primitive agriculture and labor often in a state of partial servitude

Word History

Etymology

Latin, from latus wide + fundus piece of landed property, foundation, bottom — more at bottom

First Known Use

1869, in the meaning defined above