Print Format Field Template

I have seen core doctype " Print Format Field Template". Couldn’t find any documentation on that

1.) How to use this?
2.) is that work only with new print format builder or also old builder?

Still not to be found in the documentation at https://docs.frappe.io/erpnext/, still only lots of false positives.

The UI of the form for this DT also lacks any hints.

What are these Print Format Field Templates used / useable for?