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.

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

Word History and Origins

Origin of blind trust¹

First recorded in 1965–70

Example Sentences

Youngkin reported that he has put some of his holdings — including his Carlyle assets — into a blind trust.

From Washington Post

It’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.

From The Daily Beast

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.

From Fortune

As governor, he has refused to put most of his business entities into a blind trust as prior governors have done.

From ProPublica

Adèle: He warned us that we had to trust him—blind trust—and give a lot of ourselves.

From The Daily Beast

Why not require Supreme Court justices to put their assets in a blind trust?

From The Daily Beast

If Romney wins this nomination, that new debate coach deserves an awfully nice bonus out of that blind trust.

From The Daily Beast

Apparently Romney has placed his filial devotion in the same blind trust in which he has stored his dignity.

From The Daily Beast

She only felt a blind trust in him that filled her heart with unspeakable gladness.

From Project Gutenberg

The thought was revolting, but it was either drink with a blind trust in the Fates or go without.

From Project Gutenberg

What did he expect her to do for him, in ignorance, in blind trust?

From Project Gutenberg

Not many heroes could produce a barbarian princess ready to leave all and follow them in blind trust.

From Project Gutenberg

What blind trust led him; what unselfishness and courage lay in the choice he made!

From Project Gutenberg