When a third party, such as an investment adviser or other trustee, has complete control of the assets held in a trust, it is called a' Blind trust'. Elected officials often set up blind trusts to reassure the public that political decisions are not being made for personal financial benefit, since the officials have given up control over how their investments are being managed, or even what those investments are.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). blind trust. Retrieved September 23, 2026, from http://smartdefine.org/blind_trust/definitions/1148711 |
| Chicago | Barry Goldsmith. 2010. "blind trust" http://smartdefine.org/blind_trust/definitions/1148711 (accessed September 23, 2026). |
| Harvard | Barry Goldsmith 2010, blind trust, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/blind_trust/definitions/1148711>. |
| MLA | Barry Goldsmith. "blind trust" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/blind_trust/definitions/1148711> |