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单词 blind trust
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blind trust
blind trust n. North American a trust that administers the private business interests of a person in public office in order to prevent any possibility of conflict between these and the public interest.
ΘΚΠ
society > law > transfer of property > settlement of property > [noun] > putting property into trust > type of trust
resulting trust1693
shifting use1765
passive trust1837
living trust1913
blind trust1969
1969 Sunday Times 23 Mar. 34 David Packard has put his $300 million worth of Hewlett Packard stock into a so-called blind trust.
1972 Fortune Jan. 110/1 He resigned all of his other posts and put his holdings into a blind trust before taking the job.
1979 N.Y. Times 18 Jan. a1 The day he became President, Mr. Carter's 62 percent interest in the business was transferred to a ‘blind trust’ administered by..an Atlanta lawyer.
extracted from blindadj.adv.
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