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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Gary Kalman, executive director of Transparency International US, noted that previous presidents have sought to avoid financial conflicts of interest – with Jimmy Carter even voluntarily putting ownership of his peanut farm in a blind trust. Isabelle Chapman, CNN Money, 16 July 2026 Others, including Manchester United co-owner Sir Jim Ratcliffe and Nottingham Forest owner Evangelos Marinakis, had placed shares in Nice and Olympiacos respectively in blind trusts to avoid breaking those rules. James Pearce, New York Times, 11 July 2026 Members and their senior staff should be required to use blind trusts or broad index funds while serving. Michael Carbonara, Sun Sentinel, 9 July 2026 Equip People To Meet Clear Expectations A healthy balance between blind trust and micromanagement requires clarity. Expert Panel®, Forbes.com, 7 July 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 19 Jul. 2026.

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