blind trust

American  

noun

1. 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.

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blind trust British  

noun

1. 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

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Etymology

Origin of blind trust

First recorded in 1965–70

Example Sentences

The deposition, which remained effectively sealed for over four years, also revealed details about Paxton’s early investments and his blind trust.

From The Wall Street Journal • Apr. 20, 2026

"A blind trust is not a solution," the head of Transparency International's Czech branch, David Kotora, told news site Seznam Zpravy.

From BBC • Dec. 9, 2025

The gain derived from Paxton’s 2004 investment in a police video technology company, later named WatchGuard, that he had shifted into the blind trust.

From The Wall Street Journal • Oct. 9, 2025

“That would be an occasion in which a blind trust is blind in name only,” Texas trust attorney Brad Wiewel said.

From The Wall Street Journal • Oct. 9, 2025

Could she trust it now, the hilarious freedom of the upward flight, the blind trust in the kindly grip of adult wrists, when the fifth person could so easily have been Robbie?

From "Atonement" by Ian McEwan