Independent Trustee

Blind Trust
A blind trust is a financial arrangement in which a person in public office or high-ranking position places their private financial affairs under the management of an independent trustee, who manages the assets without communicating details to the beneficial owner to prevent conflicts of interest.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.