Under Declaration of Trust. UDT is an abbreviation for âunder declaration of trust,â which is the legal language used in some trust instruments to indicate that the grantor is both creating the trust and controlling its assets. When a trust is created under declaration of trust, the grantor and the trustee are the same party.
Definition of despot for English Language Learners. : a ruler who has total power and who often uses that power in cruel and unfair ways.
Colloquially, despot has been applied pejoratively to a person, particularly a head of state or government, who abuses their power and authority to oppress their people, subjects or subordinates. In this sense, it is similar to the pejorative connotations that have likewise arisen with the term tyrant.olloquially, despot has been applied pejoratively to a person, particularly a head of state or government, who abuses their power and authority to oppress their people, subjects or subordinates. In this sense, it is similar to the pejorative connotations that have likewise arisen with the term tyrant.