Dictionary.net

a treaty concluded in 1794 by John Jay and Lord Grenville, representing the United States and Great Britain respectively. The treaty provided for peace and friendship between the two countries; an evacuation of the British posts in the United States by June, 1796; free commercial and Indian intercourse on the American continent; unrestricted navigation of the Mississippi; indemnity by England to American citizens for recent unlawful captures; corresponding indemnity by America for certain Genet captures of 1793, by privateers fitted out in our ports; and a limited trade between the United States and the British West Indies, by which our carrying trade was sadly curtailed. The treaty was generally unpopular in this country.