blind trustnoun [ C ]
uk/ˌblaɪnd ˈtrʌst//ˌblaɪnd ˈtrʌst/a financial arrangement in which someone's money is invested for them by another person or company, who controls and makes all decisions about the investments:
If he is elected, his assets should go into a blind trust so there is no possible conflict of interest.
Thesaurus: synonyms and related words
Trusts & funds
- annuity
- covenant
- escrow
- fiduciary
- fund
- funding
- holding company
- inheritance
- pension fund
- pension plan
- slush fund
- super
- superannuation
- support
- the Consolidated Fund
- trust
- trust fund
- trusteeship
- unit trust
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