Blind Trust Example Sentence

Let s start with the basics.

Blind trust example sentence.

That pesky blind trust. It means blind t. This example is from wikipedia and may be reused under a cc by sa license. See blind trust in the oxford advanced american dictionary.

One of the congressman s largest assets remains a blind trust that he created in 2010 that is worth 25 million to 50 million. 2020 paxton placed his financial holdings into a blind trust that same year. These examples have been automatically selected and may contain sensitive content. Blind trusts can be revocable or irrevocable.

ˌblaɪnd ˈtrʌst a type of trust that takes care of somebody s investments without the person knowing how their money is being invested. A blind trust is a living trust where a trustee controls the assets without the grantor and beneficiary. A trust in which a person places his or her investments or assets under the control of an independent trustee and is not advised as to the trustee s decision making regarding the investments or assets so as to prevent the expectation of personal profit or benefit from influencing the person s actions. He can sell the stock but this might not be financially advantageous so he might place it in a blind trust for his heirs instead.

His shares were placed in a blind trust when he became a government minister. It is used by politicians for example so that their private business does not influence their political decisions. The blind trust which hopes to find a new owner for the league abandons its efforts and the league has over 2 million in debts. These examples are from the cambridge english corpus and from sources on the web.

They followed the instructions in blind trust that all would turn out well. Examples of blind trust in a sentence recent examples on the web the sales requirement would apply to any incoming cio potentially mandating that the proceeds go into a blind trust. A blind trust can eliminate any conflicts of. For example a politician actively opposing the national rifle association might not want it known that he owns considerable stock in a company that produces firearms.

Examples of blind trust in a sentenceblind trust. This would allow wealthy ministers who receive income from blind trust funds to escape having their financial affairs scrutinised. This example is from wikipedia and may be reused under a cc by sa license.