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.
adjective. The definition of despotic is something associated with or typically attributed to a despot, or a cruel and oppressive ruler. An example of despotic used as an adjective is the phrase despotic killing which is the act of killing anyone who disagrees with your political position.