blind trust

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Definitions from WordNet

Noun blind trust has 1 sense

blind trust - 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
--₁ is a kind of trust

Definitions from the Web

Blind Trust

Description:

A blind trust is a financial arrangement where a person's assets are managed by a trustee without the person's knowledge or involvement. It is often used to avoid conflicts of interest and maintain confidentiality.

Sense 1: Financial Arrangement

Noun

Example Sentence: The politician placed his assets in a blind trust to prevent any potential conflicts of interest while in office.

Sense 2: Belief or Reliance

Noun

Example Sentence: She had a blind trust in her best friend's ability to make the right decisions.

Sense 3: Entrusting Something to Others

Verb

Example Sentence: As the CEO, he had to blind trust his team with the responsibility of completing the project on time.

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