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blind trust

/blaɪnd trəst/
IPA guide

Definitions of blind trust
  1. noun
    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
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    type of:
    trust
    something (as property) held by one party (the trustee) for the benefit of another (the beneficiary)
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