Blind Trust

Business / Taxes / 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. Elected officials often set up blind trusts to reassure the public that political decisions are not being made for personal financial benefit.

Other Words for Blind

Blind Noun Synonyms: shade, curtain, screen, cover, shutter(s), awning
Blind Adjective Synonyms: sightless, eyeless, unsighted, purblind, stone-blind
Blind Verb Synonyms: deceive, blindfold, blinker, bamboozle, hoodwink, fool
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Other Words for Trust

Trust Noun Synonyms: confidence, reliance, faith, conviction, certitude, certainty, sureness, positiveness, assurance, belief
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Rural Development Trust Fund

Business / Agriculture / Rural Development Trust Fund: Authorized under the FAIR Act of 1996 the trust fund is used to distribute Rural Community Assistance Program funds. Funds are allocated among states based on such factors as rural population, income, MORE

Revocable Trust

Business / Finance / Revocable Trust: A trust that may altered as many times as desired in which income-producing property passes directly to the beneficiaries at the time of the grantor's death. Since the arrangement can be altered at an MORE

Revisionary Trust

Business / Finance / Revisionary Trust: An irrevocable trust that becomes a revocable trust after a certain amount of time. MORE

Resolution Trust Corporation (RTC)

Business / Finance / Resolution Trust Corporation (RTC): A government agency established in 1989 and disbanded in 1996 that administered federal savings and loan institutions that were insolvent between 1989 and August 1992 by either bailing them out or mer MORE

Sherman Anti-Trust Act

Business / Agriculture / Sherman Anti-Trust Act: The 1890 law is considered the foundation of federal anti-monopoly policy. Passed partly as an outgrowth of congressional investigations into alleged price collusion among large meat packers, the law MORE

Sherman Antitrust Act

Health / Health Insurance / Sherman Antitrust Act: A federal act which established as national policy the concept of a competitive marketing system by prohibiting companies from attempting to (1) monopolize any part of trade or commerce or (2) engage MORE

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