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
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Post-presidency After his defeat to Reagan in 1980, the Carters returned to Plains and the family peanut business, which had been run into debt while in a blind trust during his presidency.
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Jacob Knutson, Axios, 29 Dec. 2024
The governor’s bill also includes $1.5 million for franchise tax refunds for businesses who have recently paid based on property tax, which could include the Lee Company, which the governor helped lead for decades and still owns in a blind trust.
—Vivian Jones, The Tennessean, 19 Mar. 2024
Meanwhile, in September 2022, Democratic Representative Abigail Spanberger slammed Pelosi for her apparent inaction on legislation that would require lawmakers' investment assets to be placed in a blind trust.
—Dan Perry, Newsweek, 18 Dec. 2024
Taking a pragmatic approach to adopting innovative technologies helps reduce liability and avoid the pitfalls that could come from blind trust in an algorithm.
—Steve Taplin, Forbes, 25 Nov. 2024
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Jacob Knutson, Axios, 29 Dec. 2024
The governor’s bill also includes $1.5 million for franchise tax refunds for businesses who have recently paid based on property tax, which could include the Lee Company, which the governor helped lead for decades and still owns in a blind trust.
—Vivian Jones, The Tennessean, 19 Mar. 2024
Meanwhile, in September 2022, Democratic Representative Abigail Spanberger slammed Pelosi for her apparent inaction on legislation that would require lawmakers' investment assets to be placed in a blind trust.
—Dan Perry, Newsweek, 18 Dec. 2024
Taking a pragmatic approach to adopting innovative technologies helps reduce liability and avoid the pitfalls that could come from blind trust in an algorithm.
—Steve Taplin, Forbes, 25 Nov. 2024
See all Example Sentences for blind trust
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“Blind trust.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/blind%20trust. Accessed 9 Jan. 2025.
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