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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Moskowitz is among the current cosponsors of bipartisan legislation that would require members of Congress, their spouses and dependent children to divest themselves of individual stock holdings or move their investments into a qualified blind trust while in office. Anthony Man, Sun Sentinel, 27 May 2025 For its part, the White House has argued that there is no conflict of interest arising from the dinner since Trump’s assets are in a blind trust handled by one of his adult sons. Joseph Zeballos-Roig, Quartz, 23 May 2025 The Ban Congressional Stock Trading Act would require members, their spouses and their dependent children to place their stocks into a qualified blind trust or divest the holding. Sarah Fortinsky, The Hill, 22 May 2025 Systems built on synthetic outputs should come with warning labels, not blind trust. Jason Snyder, Forbes.com, 27 Apr. 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 4 Jun. 2025.

Last Updated: - Updated example sentences
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