Stands for Desi Princess Trash, as pertaining to individuals of the Indian ethnicity (females ONLY) that spend daddy's money, drive daddy's car (Lexus, BMW, Mercedes, etc) and only date other males that can provide the same. DPTs are also found to wear designer clothing; they also appear to be ready to go clubbing at a moments notice. Tend to have a less than that desirable personality and also have bouts of bipolar disease.
"Man, you see that girl, driving daddy's Lexus and spending daddy's money? She acts like she's all that, what a DPT."