Point

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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.

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 ?
National Advisory Committee on Microbiological Criteria for Foods (1997), Hazard Analysis and Critical Control Point Principles and Application Guidelines, Source unlisted.
The guide complements the FDA's regulations of good manufacturing practices and suggests fresh-cut processors use safety programs, such as the Hazard Analysis and Critical Control Points (HACCP), which are designed to prevent, eliminate or reduce microbial, chemical and physical hazards associated with food production.
The Hazard Analysis and Critical Control Points system was used as it controlled the sort of bodily functions in a space suit that can be rather inconvenient.
Department of Agriculture, Salmonella occurrences have dropped in meat and poultry plants since the mandatory introduction of Hazard Analysis and Critical Control Points (HACCP).
The standardized curriculum will set forth the minimum requirements for establishing a hazard analysis and critical control points, system, Kathy Knutson, food safety outreach manager for the research consortium of industry, academia, and FDA said.