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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.

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 ?
The situation is paradoxical since, as the paper points out, even European Union requirements do not demand such complexity.
Yesterday's White Paper points the way to a renewal of its Royal Charter.
This paper pointed to possible directions of future systems on the Web--increased use of audio and video as bandwidth supports this capability and the inclusion of the opportunity to access a cybercounselor or the intelligence available from an expert system.
The paper points out, however, that the timing break does not give enterprises a free ride to claim the repatriation exception; any company that did not overcome the presumption of repatriation before the AJCA's enactment must continue to presume repatriation of foreign earnings while it is evaluating the new provision.
Over the past five years, the paper points out, approximately 800 international medical graduates have begun practicing medicine in Ontario.
As the GMDC White Paper points out., the ruling gives all companies that offer health care FSAs the chance to extend a benefit that will significantly lower the cost of O-T-C medicines.
Meanwhile, the paper pointed out firms going bankrupt tend to seek makeshift solutions for fund shortages and fail to carry out what they are supposed to do to improve their business profitability.
"While the consultation paper points to alternative post office outlets in the area I do not feel that sufficient attention is being paid to what this closure would mean for the local community, in particular the elderly and people with young families.
The paper points out that while the actions the US has taken have resulted in a high resistance to the introduction and spread of BSE, additional measures may be warranted to ensure the safety of the US food supply.
The paper points out that TWRA is "connected with such fixtures of the Islamic terror network as Sheik Omar Abdel-Rahman ...
The paper pointed out that domestic consumption of oil products, lubricants and LPG had shown continuous growth from 1970 to 1990.
As causes of both accidents, the white paper pointed to insufficient understanding of human behavior, organizational acts and management methods as well as technical factors not foreseen even by the designers of nuclear facilities.