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

  1. 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)

  1. What does PTY. stand for Legal?

    PTY. stands for Proprietary in Legal terms.

  2. What is the shortened form of Proprietary in Legal?

    The short form of "Proprietary" is PTY. for Legal.

Citation

PTY. in Legal. Acronym24.com. (2019, December 24). Retrieved November 5, 2024 from https://acronym24.com/pty.-meaning-in-legal/

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