0 a financial arrangement in which someone's money is invested for them by another person or company, who controls and makes all decisions about the investments:
1 a financial arrangement in which someone agrees that their money can be invested by other people and that they cannot influence the types of investment those people choose to make:
Let me deal first with the narrow question of blind trusts.
Blind trusts were a pretty disgraceful way of giving secret funding to political parties.
Trust funds, including blind trusts, are specifically excluded from the definition of a permissible donor.
Blind trusts have been held and closed without anything publicly being declared about the detail, and blind trusts are still running.
Blind trusts have been the subject of a good deal of criticism.
Has she seen the preferment that has been given to the trustees of the blind trust?
The money is not simply let go with blind trust.
In my opinion, it succeeds in avoiding two pitfalls: blind trust in the nuclear power industry and highly unreasonable fears of that same industry and related fantasies.
