989,277,831 visitors served.
989,277,831 visitors served. |
|
 Dictionary/ thesaurus |  Medical dictionary |  Legal dictionary |  Financial dictionary |  Acronyms |  Idioms |  Encyclopedia |  Wikipedia encyclopedia | ? |
Blind Trust |
Also found in: Dictionary/thesaurus, Wikipedia | 0.09 sec. |
|
Blind Trust A trust in which the executors have full discretion over the assets, and the trust beneficiaries have no knowledge of the holdings of the trust. Notes: Blind trusts are generally used when a trustor wishes to keep the beneficiary unaware of the specific assets in the trust, such as to avoid conflict of interest between the beneficiary and the investments.See also: Beneficiary, Exemption Trust, Irrevocable Trust, Trustee, Trustor, Unit Investment Trust, Unit Trust Blind trust A trust in which a fiduciary third party has total discretion to make investments on behalf of a beneficiary while the beneficiary is uninformed about the holdings of the trust. |
|
? Mentioned in | ? References in periodicals archive | |
|---|---|---|
We are glad it has responded to our concerns, but we are not so foolish as to start relying on blind trust in Waste Management. Blind faith and blind trust toward health care are luxuries we can no longer afford," writes Colleen Badell Ph. Therefore, both the blind trust and the underlying investments held in a blind trust are considered to be direct financial interests of the covered member. |
 |
| Free Tools: |
For surfers:
Browser extension |
Word of the Day |
Help
For webmasters: Free content NEW! | Linking | Lookup box | Double-click lookup | Partner with us |
|
|---|
Disclaimer |
Privacy policy |
Feedback | Copyright © 2008 Farlex, Inc.
Printer friendly
Cite / link
Email
Feedback
Add definition
Blind Trust