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Today I have Photoshop Elements 14 on a PC. Having received an offer from Adobe to buy Photoshop Elements 2020, can I keep the old Photoshop Elements 14 on one PC and load it on the new Photoshop elements 2020 on another PC?
To expand on John's answer:
You can have both versions installed on both computers. You may not use the same version at the same time on both computers.