blind trust
noun
a trust in which a trustee controls the financial investments of a public official, without the beneficiary's knowledge of how his or her affairs are administered, in order to avoid conflict of interest.
Origin of blind trust
First recorded in 1965–70
Words nearby blind trust
blind snake,
blind spot,
blind staggers,
blind stamping,
blind tiger,
blind trust,
blind-emboss,
blind-stamp,
blindage,
blindcat,
blinder
British Dictionary definitions for blind trust
blind trust
noun
a trust fund that manages the financial affairs of a person without informing him or her of any investments made, usually so that the beneficiary cannot be accused of using public office for private gain