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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 ?
To smooth robot motion near with the nodal points the vector fields that define orbital (or rotating) and repulsive forces are used.
Such a fundamental revision, representing women as independent and initiative individuals in Iranian media, owes its emergence to the Moderate government and its two main nodal points: 'flexibility of behavioural codes traditionally associated with gender' and 'mitigation of strict moral codes'.
analysis of semantic context (see elaboration below) was conducted to see what function was ascribed to the antagonist in the texts (what it was said to be and to do) as well as how this function hindered FI's hegemonic project based on the nodal points elicited at the first stage of the analysis.
By doing so, the nation features as a nodal point through which meaning is partially fixed, but discursive antagonisms between Anglo-Australian and non-dominant cultural identities are drawn upon to negotiate 'Australia'.
The analysts should also determine by what discursive, political, or institutional processes decisions were made to represent time and space using these specific spatiotemporal nodal points or conceptualizations.
It is not recommended to calculate the horizontal displacements of the cable's nodal points (except the cable's supports) using the first simplification.
Lines were drawn from the peripheral retinal cells in front of the tapetum to the rear nodal point and the angle these lines made with the principal axis was measured.
After an image is captured by a camera, a computer program measures some of the 80 or so nodal points on your face, such as the distance between your eyes, the width of your nose, the depth of your eye sockets, and the length of your jaw line.
The three dimensional finite element model consisting of 9210, 10 node quadratic tetrahedron (Solid 92) element with 15977 nodal points was created using ANSYS 5.6 finite element software.
HomeRun operates via a series of nodal points, known as hot spots, through which it is possible to make a wireless connection from a portable computer to a company's intranet or the internet.
All are fascinated by nodal points of radical change and prefer literary explorations of the individual journey itself to representation of any concrete or utopian goal.