Does Mac have a "file templates" feature?

Forgive my ignorance, I'm very new to the mac platform! Coming from Linux I really like how similar many things on mac are to Linux, both having Unix in their ancestry.

Question, on Linux there is a feature called templates, where there is a folder in your home directory called Templates, and you can place any files you want in this location, then anywhere else on your system you can right click in a directory and select New Document, and it will show you a list of all the files that exist in that templates folder. you select one and instantly get a copy of it right where you are. After discovering this feature on Linux I've made extensive use of it, it sure makes life easier! Its one thing I'm missing on my mac (2023 Macbook pro 16") Does mac have any feature like this or is there any 3rd party tool that can provide something like this?

thanks!