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 ?
Cryonics organizations use liquid nitrogen to preserve corpses because it has a freezing point so low it boils at -196[degrees]C (-320[degrees]F).
"The hot water will always freeze faster than the cold water if its freezing point is at least 5 degrees C higher," Brownridge said.
Without those imperfections, though, the molten metal globules can cool past the freezing point and remain liquid.
They filled the resulting cavity with water, then cooled its center to a temperature below water's freezing point, while keeping its outer edge at a higher temperature.
"Why do glasses not form a precisely ordered cystalline material at some precisely defined freezing point, like so many other, more 'normal' substances?" Angell wonders.
The researchers revealed that when ammonia lowers the freezing point of water, it allows liquid water to exist in Pluto 's freezing temperatures.
The CoM has adopted the documents for the purpose of harmonization of national regulations with the EU Regulation from 2013, which stipulates that the consumption milk needs to have a freezing point approximately equal to the average freezing point of raw milk recorded in the area of the collected consumption milk.
ISLAMABAD -- Intermittent snowfall and rain is continuing in various parts of the country dropping the temperatures below freezing point in the upper parts.
Temperatures are expected to reach freezing point overnight for much of the country from tomorrow and could go as low as minus 5degC in rural Scotland.
ISLAMABAD -- Gilgit-Baltistan is still in the grip of harsh cold and minimum temperature has gone below freezing point.
ISLAMABAD -- Gilgit-Baltistan (GB) is still in the grip of harsh cold and minimum temperature has gone below freezing point. According to reports, Skardu remained coldest city with minimum temperature of minus eight degree centigrade on Sunday.
Temperature in Abbottabad city went below freezing point increasing the demand for coal and firewood amid absence of piped gas supply.