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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However, entering into a qualified blind trust, which has to be approved by the Ethics Committee, has proven difficult. Hailey Bullis, The Washington Examiner, 25 July 2025 Forest’s billionaire owner Evangelos Marinakis avoided the same problem with his Greek side Olympiakos by placing his shares in the Premier League club into a blind trust to comply with UEFA rules. Robert Olsen, Forbes.com, 23 June 2025 The new ethics law would require governors within six months of taking office to either divest from their holdings or place all their assets into a blind trust. Eric Cortellessa, Time, 8 May 2025 By the end of 2020, his blind trust sat at between $7.5 and $7.75 million. Kyle Khan-Mullins, Forbes.com, 23 June 2025 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 20 Aug. 2025.

Last Updated: - Updated example sentences
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