What is LPT in technology?

Could you please clarify for me what exactly LPT stands for in the realm of technology? I've been hearing this term lately but I'm not quite sure of its definition or purpose. Is it a specific type of software, a protocol, or perhaps a technological standard? Could you provide a brief overview of its functionalities and how it fits into the broader technological landscape? I'm really interested in understanding its significance and potential applications. Thank you for your assistance!