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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 classic literature ?
Just within the entrance, however, stood two serving-men, pointing some of the guests to the neighborhood of the kitchen and ushering others into the statelier rooms,--hospitable alike to all, but still with a scrutinizing regard to the high or low degree of each.
As at the waving of a magician's wand, up rose a grisly phantom -- up rose a thousand phantoms -- in many shapes, of death, or more awful shame, all flocking round about the clergyman, and pointing with their fingers at his breast!
It had already lasted a minute, and it lasted while I continued, seizing my colleague, quite thrusting her at it and presenting her to it, to insist with my pointing hand.