(redirected from near point)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia, Wikipedia.
Related to near point: far point, Near point of convergence


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 ?
The acquisition allows Exterior Plus to gain a strong presence near points of sale, a key value driver for advertisers.??H.I.G.
But despite feeling as if you're out-of-town with this development's vacation-like ambiance, this address is surprisingly very near points of interest such as shopping centers like Tiendesitas and SM Hypermarket.
It is also accessible to the south through the C6's connection to the South Luzon Expressway (SLEx) and located near points of interest such as the Benjamin Esguerra Memorial National High School, SM City Taytay, Sta.
He added that the Chinese ambassador to Yemen had a vital active and acceptable by all political components in the country in which he contributed to bring near points of views between all political powers.