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 ?
Pure petroleum products: kerosene, diesel and gasoline were tested pure and the properties : specific gravity, viscosity, density and flash points were recorded as shown on the table above, at same time the adulterated ones were tested as well and the properties also recorded as can be seen on the tables above.
Currently, a novel approach for predicting the flash point of alkanes employs the introduction of certain physical and chemical effects into the prediction model.
TABLE 1: Boiling point and flash point for selected organosilicon compounds.
In addition, analysis aimed at identifying the dependence of diesel quality properties (density, viscosity and flash point) upon the date of fuel manufacture was performed.
There are relatively few vendors of flash point instruments, with the largest being PAC (a Roper Industries company) and Koehler Instrument.
AS potential flash points go, Goodison Park, which saw Everton's former object of adoration, Wayne Rooney, return on Saturday for the first time since his move to Manchester, was always likely to be a good bet.
He said: ''It was a nasty match all round and there were several flash points in the game which had tackles flying in everywhere.
FLASH POINT Irish Republicans stand beside burning barricades in the Crumlin Road area of north Belfast, last night.
Moreover, die temperature control systems can benefit from the fluid's high flash point, among other properties.
[1-3] In his authoritative paper in 1998, Anon compared four types of computer-aided endoscopic sinus surgical devices: the ISG Viewing Wand (ISG Technologies; Mississauga, Ont.), the ISG Infrared Optotrak, the IGT Flash Point 5000 (Image Guided Technologies; Boulder, Colo.), and the VTI InstaTrak (Visualization Technologies, Inc.; Woburn, Mass.) [1] Anon wrote that all of these units are relatively user-friendly and that they are all accurate to within 2 mm.
There was one flash point in the match in the 51st minute when Castleford's giant centre Barrie-Jon Mather was left stunned behind the bye-line and referee Robert Connolly placed the incident on report which will leave the League bosses to sort the incident out on video.
It is called "Jet A." It has a flash point of 86 degrees F at 13,800 feet, the altitude which Flight 800 had attained at the moment it exploded, below the estimated temperature of the vapors in the fuel tank.