Wiktionary
DESPOND, verb. To give up the will, courage, or spirit; to become dejected, lose heart.
DESPOND, noun. (archaic) Despondency.
Dictionary definition
DESPOND, verb. Lose confidence or hope; become dejected; "The supporters of the Presidential candidate desponded when they learned the early results of the election".
Wise words
It is better wither to be silent, or to say things of more
value than silence. Sooner throw a pearl at hazard than an
idle or useless word; and do not say a little in many words,
but a great deal in a few.
