What does blind trust mean?

blind trust meaning in Law Dictionary

once the celebration that has a trust does not know whom gave it to them. It stops dispute interesting. The funds are beneath the control over the party who has the trust.

blind trust meaning in Business Dictionary

variety of trust in which the trustor (that is usually additionally the beneficiary with this trust) is prevented from knowing how his / her cash is spent because of the trustee. Blind trusts are manufactured in order to avoid any prospective dispute interesting between your tasks of a public officeholder along with his or the woman range of investment portfolio. The trust resources are positioned at the complete discernment of a trustee (like a trust company) independent of the trustor in title and truth.

blind trust meaning in General Dictionary

a trust that enables a person to prevent possible conflict interesting by transferring possessions to a fiduciary; the person establishing the trust provides within the to information regarding the assets

blind trust - German to English

blind trust

Sentence Examples with the word blind trust

I'll accomplish this via a blind trust so you will remain unknown, even to me.

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