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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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

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.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
This may explain why the Pyramid of Giza and the other pyramids surrounding it are all rotated slightly counterclockwise from the cardinal points.
Speaking of cardinal points, the Philippine or Benham Rise is on the country's eastern seaboard, facing the Pacific Ocean.
The cardinal points on the world map in 2018 have already been locked into place.
"The Compass Solution--Guide to Your Career" is designed as a career survival guide to a winning career; time-tested techniques, proven principles, and personal stories navigate the reader through four basic cardinal points and three keys that can accelerate the climb to success.
MedSync Advantage, Cardinal points out, makes it easier for patients and caregivers to fill multiple prescriptions, which improves medication adherence by helping to ensure that the patient fills all prescriptions every month, improves inventory management at the pharmacy level and provides additional time for the pharmacy staff to focus on patient relationships.
This is an equilateral cross indicating the cardinal points of a compass, overlaid by a square with a circular void at its center so that it has eight points.
Her work on the diagram gives an idea of Young's ambitious project--to trace the players' movements, to speculate on where they look, and to imagine how these physical configurations might affect viewers at different heights (some on scaffolds, others on the ground) and at different spots on the four cardinal points, associated with God, the Devil, the World, and the Flesh.
The cardinal points. The four directions on the horizon were associated with the four kukulu, or supporting pillars of heaven, with the diurnal motion of the sun, and with the motion of the trade-winds.
In the 1st experiment, 240 weevils were used, and 10 weevils (5 males and 5 females) were released at 6 distances from the trap (1, 5, 10, 20, 50, and 100 m) in each of 4 cardinal points. In the 2nd experiment, 280 weevils were used, and 14 weevils (7 males and 7 females) were released at 20, 40, 60, 80, and 100 m from the trap in each of 4 cardinal points.
1 Sitting on and propelling something (6); 2 One of the four cardinal points of a compass (5).
Drawn is four years, four cardinal points and four epic adventures.
Prayers were held at each of the four cardinal points of the compass and taking the vista from the tower summit.