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
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Still, it's traditionally been a norm that a president would divest himself from his business interests, or place some interests in a blind trust.
—
Kathryn Watson, CBS News, 19 Feb. 2025
Previous presidents have taken more significant steps to avoid conflicts of interest and the appearance of self-dealing, including by putting their businesses in blind trusts.
—Lex Harvey, Auzinea Bacon and Matt Egan, CNN, 20 Jan. 2025
After nearly four decades leading the company, Lee placed it in a blind trust before taking office in 2019.
—Vivian Jones, The Tennessean, 19 Mar. 2024
His investments and business assets will be held in a trust managed by his children rather than a blind trust, similar to the arrangement during Trump’s first term.
—Brett Samuels, The Hill, 10 Jan. 2025
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Kathryn Watson, CBS News, 19 Feb. 2025
Previous presidents have taken more significant steps to avoid conflicts of interest and the appearance of self-dealing, including by putting their businesses in blind trusts.
—Lex Harvey, Auzinea Bacon and Matt Egan, CNN, 20 Jan. 2025
After nearly four decades leading the company, Lee placed it in a blind trust before taking office in 2019.
—Vivian Jones, The Tennessean, 19 Mar. 2024
His investments and business assets will be held in a trust managed by his children rather than a blind trust, similar to the arrangement during Trump’s first term.
—Brett Samuels, The Hill, 10 Jan. 2025
See All Example Sentences for blind trust
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Cite this Entry
“Blind trust.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/blind%20trust. Accessed 27 Feb. 2025.
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