blind trust

Definition of "blind trust"
  1. A financial arrangement where a trustee manages assets for a person, who remains unaware of the assets' details or the trustee's actions, often used to prevent conflicts of interest among high-ranking officials
How to use "blind trust" in a sentence
  1. To avoid any potential conflicts of interest, the senator chose to put her assets into a blind trust.
  2. After being elected, the governor placed his investment portfolio into a blind trust, separating his personal finances from his professional duties.
  3. A blind trust was set up for the city councilor to mitigate any appearance of impropriety.

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