blind trust

noun
Updated on: 17 Apr 2018

Definition of blind trust

: 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

Recent Examples of blind trust from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'blind trust.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of blind trust

1969

in the meaning defined above

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