Also known as: pty.
PTY has various meanings in the Business category. Discover the full forms, definitions, and usage contexts of PTY in Business.
Of, pertaining to, or characteristic of something that is privately owned. Generally, the term refers to technology that has been developed by a particu-lar corporation or entity, with specifications that are con-sidered by the owner to be trade secrets. Proprietary technology may be legally used only by a person or entity purchasing an explicit license. Also, other companies are unable to duplicate the technology, both legally and because its specifications have not been divulged by the owner.
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