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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Justices should be required to place all applicable assets in blind trusts, be barred from accepting gifts such as free vacations and be held to a higher standard of scrutiny for partisan actions they or their family members may be engaged in. —

Kaitlyn Schallhorn, Orange County Register, 4 Oct. 2024 Taking such a position could see Musk put his stock in a blind trust or divest, which would likely tank Tesla’s stock price. —

William Gavin, Quartz, 5 Sep. 2024 Kelly's most lucrative assets are five accounts held in qualified blind trusts valued anywhere from $6.6 million to $31 million, records show. —

Robert Anglen, The Arizona Republic, 5 Aug. 2024 Ossoff first introduced a ban in 2021 and put his own stock portfolio in a blind trust as an example. —

Rebecca Picciotto, CNBC, 10 July 2024 See all Example Sentences for blind trust