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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.

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.

References in periodicals archive ?
Zhang et al., "Effect of auricular point sticking on pain due to lumbar strain," Journal of Acupuncture and Tuina Science, vol.
Balaban et al., "A randomized clinical trial of auricular point acupressure for chronic low back pain: a feasibility study," Evidence-Based Complementary and Alternative Medicine, vol.
Auricular acupressure is a noninvasive and self-manageable method of stimulating the auricular points through pressing by hands and fingers, which has been used for hundreds of years in China [8].