The engine P0763 Code has many meanings and automobile dictionary meaning of the code is also found online. The automobile dictionary meaning of the code is not necessary to use when you have the right meaning of the code. The automobile dictionary meaning of the code is p for Powertrain Code Problem is related engine, transmission and emissions systems. 0 for SAE – Generic. 7 for Auxiliary Emission Controls. 6 for Control Module Throttle Actuator Position Performance and 3 for Transmission Control Module Reprogrammable Memory. Do not drive the car with the car engine problem. You must allow expert automobile engineer to fi the car engine problem.