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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 ?
Steel % rolling reduction Ferrite grain size ([micro]m) (790[degrees]C) Mild steel 30 27.15 60 15.9 Steel Ferrite grain Ferrite grain size ([micro]m) size ([micro]m) (830[degrees]C) (870[degrees]C) Mild steel 38.35 7.9 24.6 25.35 Table 3: Effect of the rolling temperature and the rolling reduction on yield point elongation and fluting intensity in mild steel.
The strength at the plastic yield point was also related to the dislocation density; with the model size increasing, the dislocation density increased and the yield strength decreased.
Safe pipe tripping speeds are affected by mud rheological properties such as mud plastic viscosity and yield point.
Stress-strain curves for Thermolyn Rigid and Orfitrans Stiff exhibited maxima at the break point, comparatively low stress at the yield point, and a relatively long strain elongation period before breaking.
Experimental results pertaining to yield point and ultimate point are presented in Tables 3 and 4 respectively.
(iii) During Luders-band propagation (lower yield point) the AE level (energy) is lower than that at the upper yield point.
Yield Point--In a mechanical sense, the yield point is the point where structural changes begin.
Purpose of the tests was to obtain information concerning ultimate moment capacity, capacity at a "5%" yield point, and semirigid behavior of the joints.
If you are looking at returns purely from the rental yield point of view (distinct from the appreciation of the capital value of the property), then the best properties for you to purchase will be low-cost apartments.
Depending on the type of test (tension, compression or shear), the temperature and the load speed, Santoprene TPV grades can be divided into two categories, including: the "rubber-like" material type (exhibiting a curve with a positive slope until rupture) and the "yield" material type (exhibiting a yield point and a negative slope).
Dispers 685 is especially suitable for some organic pigments, such as yellow, red and blue and produces outstanding development of color strength, improved rheology, lower yield point and strong reduction of mill base viscosity allowing for high pigment loading.