Definition of blind trust in English:

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blind trust


chiefly North American
A trust independently administering the private business interests of a person in public office to prevent conflict of interest.
Example sentences
  • You could give as much as you wanted to as many politicians as you liked, but the money would go through a blind trust administered by the government.
  • When he was elected four years ago, he put all his business interests into a blind trust - and he'll take them back in a little less than two months.
  • A blind trust is meant to prevent politicians having specific knowledge of their own investments so that there can be no accusations of undue influence on government policy.

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