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 ?
We believe that the eight technology transition points we identified represent the first tentative view from a technology perspective on what Phelps, Adams, and Bessant (2007) referred to as "transition points." The technology transition points we identified are organizational or contextual discontinuities that can be related to the priorities set by CTOs.
In the following equations, D is the temperature in degrees at time H, and [D.sub.x] is the temperature at the transition point, [H.sub.x], where [H.sub.x] is determined by testing all time points from 1 h after the maximum to 1 h before the minimum.
The proof of Proposition 20 is divided in two cases when m is a transition point and when it's not.
patagoniensis, based on allometry studies, were established between 7.8 and 7.9 mm CW for males (obtained by transition points for the growth of chelae), and between 7.9 and 8.3 mm CW for females (obtained by transition points for the growth of the abdomen).
The case (C2) is when the BMC contains more than one possible transition point for a demand time series, but one of transition points has an expressed appearance frequency f An appearance frequency may be stated as expressed if it exceeds some threshold, like 50%.
More often than not, lifters can be observed letting the weight fall effortlessly as they approach the transition point, and then bouncing the weight to use some momentum to help raise the weight.
Liquid hydrogen exists only at temperatures higher than 20[degrees]K, and the superconductivity transition point would have to be substantially higher than that to make it completely useful in a liquid hydrogen bath.
The plasticizer has a glass transition point of -50[degrees]C or lower.
Under the ROR agreement, Bristol-Myers Squibb and Exelixis will collaborate on ROR antagonist programmes up to a pre-clinical transition point and then Bristol-Myers Squibb will have sole responsibility for the further research, development, manufacture and commercialisation.
military drawdown from Afghanistan was "not an end" but rather "a transition point." Sedney added the U.S.-Pakistani relationship was based initially on internal security developments but would move in the future to advance the durability of democratic institutions.
Stills are recorded: three stills, one after another, in about 30 s, the sets of three being repeated every 2-3 min, starting a little before the expected transition point. Samples of the reaction mass are drawn from the reactor at this exact point.
Washington, Mar 20 (ANI): A new study from University of Cambridge has provided new evidence that the human brain lives "on the edge of chaos", at a critical transition point between randomness and order.

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