Nope, that is currently not available. The idea is likely to extend the substitution API to allow you to have a conditioned field label or description based off where it's being rendered. Example of what this may look like as follows.
Note the above are just possible future usages. They are not implemented yet and are just design ideas subject to change. For now I don't have a solution for you, sorry.
I've noted these details in the below feature ticket.
Kyle (Krileon) Community Builder Team Member Before posting on forums:
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