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.

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.

References in periodicals archive ?
"But certainly from a mental point of view we can take good confidence from it, in that we now know we can compete if we perform well.
"It does give us a break from a mental point of view.
He added: "I was delighted to start the last two games of the season for the club, particularly from a mental point of view after the injury problems I've had.
"The travel doesn't cost you anything and the attitude in training will be fantastic, so from a motivational and mental point of view, the victory is priceless ahead of what is such a huge game."
``From a skill point of view we are right on the mark but from a mental point of view we are inconsistent.
"So I think in the second half we did really well in the mental point of view because it was very hard to answer to the last part of the first half."
Our aim, as a strength and conditioning department, is to provide the rugby coaches with physically fit players who are free of injury." Eldridge, who has been at London Welsh since June 2010, added: "From a mental point of view, pre-season is tough but we've got guys who've done lots of them, guys like Tom May and Tim Molenaar.
It will be important to start well from a mental point of view."
"That's all we can do as coaches, help technically or from a mental point of view."
"Though from a mental point of view I could do with some time off first."
"It's tricky as a No 2 because you can sit on the bench for 40-odd games, like he did last season, and it's hard to take from a mental point of view.