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 ?
The results showed that the cardinal point at which weevils were released affected the recapture percentage (Fig.
Wherein precisely this liberty and dignity consisted remains underspecified; McCloskey promises a more careful analysis of this cardinal point in her next volume.
The wineries featured include: Barboursville Vineyards, Blenheim Vineyards, Cardinal Point Vineyard and Winery, Gabriele Rausse Winery, Jefferson Vineyards, King Family Vineyards, Pollak Vineyards, Sugarleaf Vineyards, Sweely Estate Winery, Veritas Vineyard & Winery, Virginia Wineworks and White Hall Vineyards.
Replying to a question the Senator said the cardinal point, during the amendment was that political or constitutional reforms should bring political stability in the country rather than instability.
8> There are 8 panels on the umbrella, so each one will correspond to a cardinal point: North, South, East, and West, or an intermediate direction: Northeast, Southeast, Northwest, and Southwest.
In order to determine the direction according to which the panel is oriented (the azimuth), at a certain point it is necessary to measure permanently the angular motion in relation to a cardinal point, on a horizontal level.
Japan has told South Korea it will expand its exclusive economic zone in the East China Sea by making Torishima Island in Nagasaki Prefecture, its cardinal point, Japan-South Korea negotiation sources said Wednesday.
According to Komatsu, South Korea told Japan it ''had no choice'' but to push for a more extensive EEZ than it claimed in previous talks by making Takeshima the cardinal point because of recent tensions that flared after Japan decided to conduct a marine survey near the islets in April, drawing strong protests from South Korea.
The circle is made of twelve locally quarried or naturally occurring stones with, at the east cardinal point facing the centre, Maen y Cyfamod (the Stone of the Covenant), at which the Herald Bard stands.
A heated discussion between Ernie Kent and Chris Hernandez followed Saturday's game between Oregon and Stanford, as the UO coach voiced his displeasure with the Cardinal point guard's taunting of the Pit Crew section of student fans after the final buzzer.
BRAID, whose masterpiece is Gleneagles, laid out a unique links at Brora as all four short holes face each cardinal point in the compass.
Each cardinal point has it own particular features; each dimension of your self does also.