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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 ?
In the case of when an EGR-cooler reduces the temperature of 50 kg/h of exhaust gas down to only three degrees below the dew point, condensate amounts of up to 500 mL/h would be expected.
* Desiccant by-pass option: Avoids using more energy when only positive dew point is required.
It follows that the thermostatic element charge should be designed to be close to the vapor pressure (dew point) of a zeotropic refrigerant to provide the best TEV performance.
In the unadjusted analysis of retractions, significant predictors were higher altitudes, a higher minimum temperature, a higher dew point, increased precipitation, and a smaller change in temperature (Table 2).
This new FDW20 hygrometer can serve as a key product in future solutions envisaged by Yamatake to facilitate more precise atmosphere control in industries where there is an increasing need to make humidity (dew point) measurements for drier gases.
Prior to practical dew point measurements in CFB boilers, the value of the dew point of flue-gas water steam was calculated basing on the average composition of oil shale whose calorific value is in the range of [Q.sup.r.sub.i] = 8.30-8.50 MJ/kg, estimated using the method described in [7].
Four properties of air as a mixture are important: dew point, relative humidity, dry bulb and wet bulb.
In other words, the temperature and dew point are equal at the surface and rapidly diverge from each other, giving rise to an unfavorable hydrolapse.
If your dew point falls below 40 degrees, desiccant dehumidification provides the best solution.
When moist air cools to its dew point, there are so many water molecules condensed on each aerosol that the particles become visible water droplets.
Priced at $295, the iBTHX transmitter lets users monitor and record barometric pressure, temperature, relative humidity, and dew point over an Ethernet network or the Internet simply by using a Web browser.
The dew point down there is normally shaking hands with triple digits.