MPT and FPT are simply names for identifying the type of pipe thread for an application.
1/4 NPT to 1/4 Barb Stainless Steel Fitting
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Understanding NPT and Other Pipe Thread Types
What is MPT / FPT? What is NPT? Pipe Thread Acronyms
PIPE THREAD Dimension, PDF, Pipe (Fluid Conveyance)
1/4 MPT SS Adapter Plug for Cornelius Kegs
Adapter Guide
Tapered Pipe Threads and Fittings: Making the Connection
Everything You Need to Know About Pipe Thread Sizing - Spotix Blog
2003/2004 TC30 New Holland HST Diesel Tractor Bid-Assets, 56% OFF