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Point

A distinct proposition or Question of Law arising or propounded in a case. In the case of shares of stock, a point means $1. In the case of bonds a point means $10, since a bond is quoted as a percentage of $1,000. In the case of market averages, the word point means merely that and no more. If, for example, the Dow-Jones Industrial Average rises from 8,349.25 to 8,350.25, it has risen a point. A point in this average, however, is not equivalent to $1.

With respect to the home mortgage finance industry, a fee or charge of one percent of the principal of the loan that is collected by the lender at the time the loan is made and is in addition to the constant long-term stated interest rate on the face of the loan.

point

(Item), noun argument, caput, consideration, designated ground, detail, feature, ground, issue, matter, particular, reason, res, specific, thought
Associated concepts: point of law, point of order

point

(Period of time), noun conjuncture, exact mooent, hour, instant, interval, juncture, moment, occasion, precise moment, second, specific moment, stage, time

point

(Purpose), noun aim, core, design, end, essence, goal, import, intent, intention, motive, object, objective, purport, reason, significance, substance
See also: argument, aspect, border, case, characteristic, clue, consequence, content, contention, degree, detail, direct, edge, end, feature, gist, import, intent, issue, item, location, matter, matter in dispute, meaning, motive, object, objective, occasion, particular, period, phase, pinnacle, posture, property, provision, purpose, refer, remark, show, significance, signification, situation, situs, standpoint, subject, target, technicality, term, termination, tip

POINT, practice. A proposition or question arising in a case.
     2. It is the duty of a judge to give an opinion on every point of law, properly arising out of the issue, which is propounded to him. Vide Resolution.

References in periodicals archive ?
Align the foot and overlap the ankle--the hot point of the foot is in that overlapped area; align the ankle and overlap the calf--the hot point of the ankle is in that overlapped area; etc.
The new arrangement appears to be working well, since the company also recently initiated plans to expand its Floyd, VA hot point interlinings facility.
Detailed introduction of four main sectors of China's fluorine industry, investigation and analysis about the hot point from fluorine chemical products to their various applications
Tehran will soon become a hot point adding to the other existing hot points that US policies created in the region, but Tehran will not be an easy task.
Hot Point AC also had a club match at the weekend, recording a respectable rod average of 3.
The product was such a hot point of contention that we simply did not want to be part of a needlessly bitter debate.
Enclosed please find" for "here are": a tired letter form derided by business-writing authorities since 1880 and an overlooked campaign hot point.