A Layout Template is as a user defined format that contains a Layout window with required placeholders for maps/browsers/etc. in a specific arrangement for presentation. You can choose from a list of pre-built templates provided as part of MapInfo Pro or create and define your own and automate the filling on contents within it. Layout Templates are made up of empty frames that get filled in with contents of other windows such as maps or browsers, static content (text, shapes, images, etc) and dynamic text such as date, path, etc. They are portable and can be used in any environment in which MapInfo Pro operates and with any MapInfo products.
For details, see Layout Templates