Blind trust

Blind Trust
Blind Trust definition :
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.
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Blind trust
A blind trust is a legal arrangement for holding and/or managing money or other assets for one or more beneficiaries, where the beneficiaries aren't privy to any information about the assets within the trust.
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blind trust
trust in which a fiduciary third party, such as a bank or money management firm, is given complete discretion to make investments on behalf of the trust beneficiaries.

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BLIND TRUST - When a third party, such as an investment adviser or other trustee, has complete control ...
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blind trust A financial arrangement in which a person avoids possible conflict of interest by transferring financial affairs to a fiduciary who has sole asset management discretion.

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.
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Blind trust
A blind trust is created when a third party, such as an investment adviser or other trustee, assumes complete control of the assets held in a trust.

Blind trust - Trust where the assets are not disclosed to their owner. Often used when people gain public office to avoid conflict of interest.

blind trust "A trust in which the beneficiaries do not have knowledge of the trust's specific... blitzkrieg tender offer "In a takeover, a tender offer that is so compelling that the offer is accepted very quickly.

See also: Beneficiary, Blind Trust, Exemption Trust, Irrevocable Trust, Trustee, Unit Investment Trust, Unit Trust
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Blind Trust
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Portfolio (in banking)
Testamentary Trust (in banking)
Blind Trust (in banking)
Common Trust Fund (in banking)
Registrar (in banking)
Analyst (finance term)
Commingled Funds (in banking)
Segregation (in banking) ...

A limited partnership that does not announce its intentions as to what properties will be acquired.
Blind trust ...

[OTS] blind trust A trust in which the trustees are enjoined from providing any information to the beneficiaries about the administration of assets of the trust.

See also: Banks, Values, Balance of trade, Expense, Beneficial owner