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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 ?
be suggests the there 'Carwyn is making points that Corbyn and others should be making at a British level.
Making points without preaching, it's punchier than Leonardo DiCaprio's Blood Diamond.
MAKING POINTS Newcastle Eagles star Joe Chapman was again wading in with plenty of points as the Sheffield Sharks were beaten
That can't be right because Al Shabab plays in the Champions League like us and they are still winning games and making points.
Peking Man's handiwork shows that he was making pointed tools for graving and drilling and others for cutting and scraping.
Eventually, he resorted to making points of order, which allowed him to ask the Deputy Speaker for help.
In the series of debates and Hamilton's text reprinted here, both sides skate along the edge of philosophy and theology while making points in the good old eclectic Victorian way with citations from a range of disciplines.