Layout is a set of of pre-defined layouts where you can set some stuff like: logos, header style, boxed or full-width version etc but Templates are kind of pre-defined pages where you can set pre-defined blocks/sections that you are using most on pages.
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Layout is a set of of pre-defined layouts where you can set some stuff like: logos, header style, boxed or full-width version etc but Templates are kind of pre-defined pages where you can set pre-defined blocks/sections that you are using most on pages.