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 wanted to approach it from a very visual point of view because the text is full of very vivid imagery,' said Tunney, 34.
Was there money to be made from hurdle races - they were certainly exciting from a visual point of view.
But from a visual point of view the proposed development was disastrous.
The object structure is also interesting for me from the visual point of vie w, which was very inspiring.
To illustrate this he used a visual point to differentiate between past practices and those adopted now "our wheat stocks are almost at zero and our dairy products are sold not stocked.
Another way to obscure a visual point naturally is to shoot from behind the subject.
lake a visual point, counterpoint, the work of Domingo Batista, the Dominican Republic's best known and most commercially successful fine art photographer, and Polibio Diaz, an impassioned exponent of a raw, audaciously expressed style that embodies the best traditions of photojournalism and anthropological investigation, present strikingly different visual interpretations of Dominican reality.
Professor Barbur added: "If I had to choose a colour for my team from a visual point of view, it would not be grey."
Passwords are confirmed through the service when users stare at a visual point for more than 1.5 seconds, through touch, or through head movements that enter the password.