You're wrong on one statement, and incomplete on the other. In FACT, it's Tuvalu. Dot-TV is the ccTLD for the island-nation of Tuvalu. That's just the plain, dull FACT. In practice, and in the world of marketing, it is overwhelmingly considered to mean TeleVision, but that will probably change after US companies are shamed into using their own ccTLD and end-users wise up and get educated. Legally, it can be either because there's no law prohibiting the arbitrary designation of any particular meaning or label to an acronym for a ccTLD. You can say .TV stands for Theodore Vasquez and if you can get someone to believe it, there's nothing illegal about it.