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.
A dictator has to do with the STYLE of governing-this is a despot who rules absolutely, not in balance with other branches of government!. In simple form, he/she DICTATES the execution of the government and its agencies, and has supreme power in doing so!.