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 amount of shift in far point in Miles test was greater in right eyes in left-handers than in the right-handers and was greater in left eyes in right-handers than in the lefthanders [9].
(These analyses were conducted on the full data set.) First, distance judgments for the near point presented alone should not be different from distance judgments for the far point presented alone.
The records availed and the investigation so far points to the involvement of the banks senior administration staff and bankers in the irregularities.
A statement issued by the Prime Minister's Office regarding his resignation had said: "Evidence available so far points to a lapse on part of the information minister, who has been directed to step down from the office to enable holding of an independent and detailed inquiry.'
A statement issued by the Prime Minister's Office regarding his resignation had said: 'Evidence available so far points to a lapse on part of the information minister, who has been directed to step down from the office to enable holding of an independent and detailed inquiry.'
somewhere, progeny of the far points where massive plates
Coverage can be flexibly adjusted to optimise the experience for users at the near points and far points, and generate a 20 or 30 times increase in network capacity.
understands the evidence uncovered so far points to a sustained and determined attack on the property: | Traces of fuel were found in at least three locations - the chimney, a ground-floor room and the front door.
We don't know yet who is to blame, but the evidence that has emerged so far points clearly to the cladding on the outside of the building not being fire-resistant.
Local media reported, quoting income tax officials, that the raids at his premises had so far pointed to Pillai having amassed Rs4 billion (Dh228 million) worth of wealth, most of it under the business entity named Sreevalsam group.
Iain Wright, chair of the Business, Innovation and Skills Committee, said: "The evidence so far points to a complex and very opaque web of privately-owned family businesses." BHS collapsed with up to 11,000 jobs losses and a PS571million pensions black hole.