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

"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 blind trust the Paxtons voluntarily established in 2015, called the Esther Blind Trust, is structured to block the couple from knowledge of their investments.

From The Wall Street Journal • Oct. 9, 2025

He sold the family farm-supply business, which had been placed in a blind trust during his presidency and was by then deeply in debt.

From Los Angeles Times • Dec. 29, 2024

“This is not a blind trust with an independent trustee, where people can have confidence that the conflicts of interest are in fact removed,” he said.

From Salon • Dec. 20, 2024

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