blind trust


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.

Origin of blind trust

1
First recorded in 1965–70

Words Nearby blind trust

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How to use blind trust in a sentence

British Dictionary definitions for blind trust

blind trust

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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