Noun
a trust that enables a person to avoid possible conflict of interest by transferring assets to a fiduciary; the person establishing the trust gives up the right to information about the assets
Source: WordNetBloomberg would put Bloomberg LP into a blind trust, and the trustee would then sell the company, adviser Tim O’Brien said. Source: Internet
Devastating secrets come to light, splintering the unit and forcing Tally to question her blind trust. Source: Internet
In 1981, Carter returned to Georgia to his peanut farm, which he had placed into a blind trust during his presidency to avoid even the appearance of a conflict of interest. Source: Internet
Scott said he would continue to put his assets in a blind trust, managed by a third party, which his campaign said would avoid "even the appearance of a conflict of interest." Source: Internet
Scott’s campaign said that after reporting his assets the governor returned the investments held in his name to a new blind trust, which is managed by a third party — a company that includes the governor’s former personal adviser, Alan L. Bazaar. Source: Internet
Since becoming governor, Scott has shielded his assets from public scrutiny by using a blind trust and a series of privately held partnerships in his name and the name of his wife, Ann Scott. Source: Internet