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  1. blind trust love

Definitions

American Heritage® Dictionary of the English Language, Fourth Edition

  1. n. A financial arrangement in which a person, such as a high-ranking elected official, avoids possible conflict of interest by relegating his or her financial affairs to a fiduciary who has sole discretion as to their management. The person choosing the trust also gives up the right to information regarding the status of the assets.

WordNet 3.0

  1. n. 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

Examples

  • “In young, childish, ignorant souls there is constantly this blind trust in some unshapen chance: it is as hard to a boy or girl to believe that a great wretchedness will actually befall them as to believe that they will die.”

    Adam Bede

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Comments

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  • kbrookfi Blind trust, for me, is nothing to do with financial institutions. It implies implicit faith in an ideal or person. Blind trust is NOT rational and could make you fall for fraud and scams. Beware of to whom or what you give your blind trust. Foresight beats blind trust every time! Jul 20, 2012

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‘blind trust’ has been looked up 692 times, added to 1 list, commented on 1 time, and is not a valid Scrabble word.