blind trust

noun

: an arrangement in which the financial holdings of a person in an influential position are placed in the control of a fiduciary in order to avoid a possible conflict of interest

Examples of blind trust in a Sentence

Recent Examples on the Web
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According to Cynthia Brown, senior ethics counsel at the nonprofit Citizens for Responsibility and Ethics in Washington, a decision to entrust stock to such close associates undermines the purpose of a blind trust, which is to ensure that a lawmaker’s investments are independently managed. Abe Streep, ProPublica, 9 June 2026 But the goal is not blind trust. Anthony A. Luna, Forbes.com, 26 May 2026 Trump’s predecessors often used blind trusts or broad diversified mutual funds while in office. Justina Lee, Fortune, 23 May 2026 Newsom reports making millions of dollars from his hospitality business, whose assets are held in a blind trust run by his sister and cousin that he has been barred from accessing since entering office in 2019. Lia Russell, Sacbee.com, 19 May 2026 See All Example Sentences for blind trust

Word History

First Known Use

1967, in the meaning defined above

Time Traveler
The first known use of blind trust was in 1967

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Cite this Entry

“Blind trust.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/blind%20trust. Accessed 21 Jun. 2026.

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