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

Will the lodging of the blind trust on 28 February be enough?

From BBC • Apr. 27, 2026

The club have ruled out a blind trust, the route Nottingham Forest appear to have chosen.

From BBC • Apr. 27, 2026

In a blind trust, relevant parties transfer their shares to independent trustees, whereby all the decision-making of the club will rest solely under the control of the third party.

From BBC • Apr. 27, 2026

Charles Loper III, trustee of Paxton’s blind trust, sued Byron Cook, a former business associate, claiming fraud by Unity Resources, an energy investment company.

From The Wall Street Journal • Apr. 20, 2026

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