blind trust
a trust in which a trustee controls the financial investments of a public official, without the beneficiary's knowledge of how their affairs are administered, in order to avoid conflict of interest.
Origin of blind trust
1Words Nearby blind trust
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use blind trust in a sentence
Youngkin reported that he has put some of his holdings — including his Carlyle assets — into a blind trust.
Financial disclosures in Va. governor’s race detail wealth of Youngkin, McAuliffe | Gregory S. Schneider | July 2, 2021 | Washington PostIt’s a blind trust, the “we don’t know what we don’t know” of it all, even if we suspect something nefarious—and even if we know well enough how easy it is for these things to be abused.
She said one way for members of Congress to avoid questions about their financial holdings is to put them in a blind trust, which Perdue has not done.
Georgia Senate runoff: Republican Perdue boosted his wealth with well-timed stock trades | Lee Clifford | November 28, 2020 | FortuneAs governor, he has refused to put most of his business entities into a blind trust as prior governors have done.
This Billionaire Governor’s Companies Have Now Reached $140 Million in Lawsuit Settlements and Judgments Over Unpaid Bills | by Ken Ward Jr. and Alex Mierjeski | September 24, 2020 | ProPublicaAdèle: He warned us that we had to trust him—blind trust—and give a lot of ourselves.
The Stars of ‘Blue is the Warmest Color’ On the Riveting Lesbian Love Story | Marlow Stern | September 1, 2013 | THE DAILY BEAST
Why not require Supreme Court justices to put their assets in a blind trust?
If Romney wins this nomination, that new debate coach deserves an awfully nice bonus out of that blind trust.
Michael Tomasky: Newt Gingrich Past His Peak in the Jacksonville Debate | Michael Tomasky | January 27, 2012 | THE DAILY BEASTApparently Romney has placed his filial devotion in the same blind trust in which he has stored his dignity.
Paul Begala: The Strangely Silent Jan. 23 Debate in Tampa | Paul Begala | January 24, 2012 | THE DAILY BEASTShe only felt a blind trust in him that filled her heart with unspeakable gladness.
The Strength of Gideon and Other Stories | Paul Laurence DunbarThe thought was revolting, but it was either drink with a blind trust in the Fates or go without.
Sixteen Months in Four German Prisons | Henry Charles MahoneyWhat did he expect her to do for him, in ignorance, in blind trust?
Hester, Volume 3 (of 3) | Margaret OliphantNot many heroes could produce a barbarian princess ready to leave all and follow them in blind trust.
Medea of Euripides | EuripidesWhat blind trust led him; what unselfishness and courage lay in the choice he made!
Flood Tide | Sara Ware Bassett
British Dictionary definitions for blind trust
a trust fund that manages the financial affairs of a person without informing him or her of any investments made, usually so that the beneficiary cannot be accused of using public office for private gain
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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