A blind trust is a trust created by the owner (or trustor) that gives another party (the agent) full control of the trust. The trustee has full discretion in terms of assets and investments, while being responsible for managing the assets and all income generated by the trust. The Trustor may terminate the trust, but has no control over the actions within the trust and does not receive any reports from the trustees while the blind trust is in effect. Blind trusts are often set up in situations where individuals wish to avoid conflicts of interest between their employment and investments. The only adjective used blindly is drunk. If someone is described as blindly drunk, they are completely drunk. The U.S. federal government recognizes the Qualified Blind Trust (QBT) as defined in Ethics in the Government Act and related rules.