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 Question blind trust during the Sagittarius full moon. USA TODAY, 23 May 2024 In 2002, Winnett and two co-authors wrote about a blind trust in which Blair, the prime minister at the time, had parked profits from the sale of his family’s home. Aaron C. Davis, Washington Post, 17 June 2024 It’s said that her husband, Jared Kushner, might even be convinced to put his successful multibillion-dollar private equity firm in a blind trust if he were offered a top cabinet position like secretary of state. Richard Johnson, New York Daily News, 19 May 2024 To avoid potential conflicts of interest, Moore last year created a blind trust that prevents him from managing or knowing about his holdings, including a portfolio worth $2.5 million when the trust was created. Sam Janesch, Baltimore Sun, 6 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

1969, in the meaning defined above

Time Traveler
The first known use of blind trust was in 1969

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 15 Jul. 2024.

Last Updated: - Updated example sentences
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