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blind trust
Word forms: plural blind trusts
N-COUNT (尤指议会成员等为防止被指责滥用职权而对自己的投资进行的)保密委托,全权信托 A blind trust is a financial arrangement in which someone's investments are managed without the person knowing where the money is invested. Blind trusts are used especially by people such as members of parliament, so that they cannot be accused of using their position to make money unfairly. (尤指议会成员等为防止被指责滥用职权而对自己的投资进行的)保密委托,全权信托 [business]
  • His shares were placed in a blind trust when he became a government minister.

    他当上了政府部长之后就把自己的股份进行了全权信托。

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See also: blind trust

blind trust
Miscellaneous legal terms: abatable, accession, accrual...

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