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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 ?
Florida Department of Health, Collier County, Florida; staff members of the National International Health Regulations Focal Point for Switzerland, Swiss Federal Office of Public Health, Division of Communicable Diseases.
Learn more about Focal Point at focal-point.com, and explore Archer Expert's offerings at archerexperts/solutions.com.
An external focal point is when the woman's focus turns away from herself to the external environment.
The focal point doesn't have to occupy the center of an image.
So each medium has a default focal point, and the focal point is good in that it focuses, and bad in that there is a blind spot.
On the other hand, police officers manning WCDs in police stations in the city receive a P300 allowance every month from the City Gender Equality Focal Point Fund.
Expert tip: Resist the temptation to centre your focal point - just off centre is more effective and plant a cluster of low mounding, spiky, ground huggers beneath with different textures and colours, too.
Some students choose very intricate artworks, and are often surprised at the difficulty in creating the focal point to their satisfaction.
The Focal Point system is the company's new innovation in process control, data acquisition and reporting for the composite curing market.
I once wanted to build a ruin as a focal point only to discover it needed planning permission!
PERSONAL TOUCHES Group pictures, candles and other accessories in your fireplace to make a focal point. FOCAL POINT A fireplace brings a cosy touch to a room.
Unido Focal point National DirectorNawaz Rajabdeen, Focal Point National Director said that he is already on the job and Last year supported the farmer society in supplying tractors and machinery to increase the productivity and Quality in paddy cultivation.