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 Taking such a position could see Musk put his stock in a blind trust or divest, which would likely tank Tesla’s stock price. William Gavin, Quartz, 5 Sep. 2024 Kelly's most lucrative assets are five accounts held in qualified blind trusts valued anywhere from $6.6 million to $31 million, records show. Robert Anglen, The Arizona Republic, 5 Aug. 2024 Ossoff first introduced a ban in 2021 and put his own stock portfolio in a blind trust as an example. Rebecca Picciotto, CNBC, 10 July 2024 Question blind trust during the Sagittarius full moon. USA TODAY, 23 May 2024 See all Example Sentences for blind trust 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'blind trust.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1967, in the meaning defined above

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

Dictionary Entries Near blind trust

Cite this Entry

“Blind trust.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/blind%20trust. Accessed 4 Oct. 2024.

Last Updated: - Definition revised
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