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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 ?
At the contact area between the Gutta Flow and the gutta-percha points, a continuous contact was evidenced, without presence of cracks or space gaps (grade 1).
For the push out test, the root canals (n = 10) were refilled with AH Plus sealer, gutta-percha points (F5 and accessories) were inserted using the lateral condensation technique, and stored at 37[degrees]C and 95% humidity for 7 days.
(7,8,9,10,11) Among these techniques, lateral-compaction with gutta-percha points provides adequate apical sealing.