PTY in Legal Meaning
The PTY meaning in Legal terms is "Proprietary". There are 1 related meanings of the PTY Legal abbreviation.
PTY on Legal Full Forms
- Proprietary 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.
Frequently Asked Questions (FAQ)
What does PTY stand for Legal?
PTY stands for Proprietary in Legal terms.
What is the shortened form of Proprietary in Legal?
The short form of "Proprietary" is PTY for Legal.
Citation
PTY in Legal. Acronym24.com. (2020, May 24). Retrieved May 10, 2024 from https://acronym24.com/pty-meaning-in-legal/
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