Welcome to the 1520 Perfect Dictionary
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| Blind trust | ||
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| BLIND TRUST Definition: A type of trust that takes care of somebody's investments, without the person knowing how their money is being invested, It is used by politicians, for example, so that their private business does not influence their political decisions. ______________________________________________________________________ * All seven or eight elements, as applicable, should be in. 1. Purposeful (to emphasize, see definition). 2. Legal. That is, trust is registered as a company authorized to carry out trusteeship business (to emphasize). __________________________________ See perfect DISTRACTION (1). | ||
| Below the Line | ||
| 3. Investments being managed is not the proceeds of a corrupt enrichment. 4. Funds are placed in legal venture(s). That is, profit motive does not lead trust to invest monies in illicit and/or illegal deals. ________________________________________ See perfect PROFESSIONALISM (1). further below the line 5. Funds or capital are declared by owner (= public/civil servant, politician, etc.), especially where this is required by law. ______________________________________ See perfect MALADMINISTRATION. much further below the line 6. Investments are in blue-chip, profitable businesses (connect to #4). That is, returns on investment is attractive for funds owner. 7. Trust updates funds owner as regularly demanded or as necessary. 8. Trusts serves purpose(s), exactly as wished for, especially for the politician, etc. _________________________________________ See perfect RETURN ON INVESTMENT. |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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