MLchartDataset catalogue

Blind trust

Term · Law · MLC-T-LAW-000743

An arrangement in which the assets of an individual are managed by an independent trustee without the owner's knowledge of the specific holdings or transactions. This structure is often used by public officials to avoid conflicts of interest between their private financial interests and their public duties. The trustee has full discretion over investment decisions.

Table 1. Record
IdentifierMLC-T-LAW-000743
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000743",
  "term": "Blind trust",
  "field": "Law",
  "definition": "An arrangement in which the assets of an individual are managed by an independent trustee without the owner's knowledge of the specific holdings or transactions. This structure is often used by public officials to avoid conflicts of interest between their private financial interests and their public duties. The trustee has full discretion over investment decisions.",
  "url": "https://mlchart.com/terminology/law/blind-trust/"
}

Record 545 of 5,441 in Law terminology (MLC-0107). Request the full dataset.