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

(Item), noun argument, caput, consideration, designated ground, detail, feature, ground, issue, matter, particular, reason, res, specific, thought
Associated concepts: point of law, point of order

point

(Period of time), noun conjuncture, exact mooent, hour, instant, interval, juncture, moment, occasion, precise moment, second, specific moment, stage, time

point

(Purpose), noun aim, core, design, end, essence, goal, import, intent, intention, motive, object, objective, purport, reason, significance, substance
See also: argument, aspect, border, case, characteristic, clue, consequence, content, contention, degree, detail, direct, edge, end, feature, gist, import, intent, issue, item, location, matter, matter in dispute, meaning, motive, object, objective, occasion, particular, period, phase, pinnacle, posture, property, provision, purpose, refer, remark, show, significance, signification, situation, situs, standpoint, subject, target, technicality, term, termination, tip

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 classic literature ?
before the arrival of the moon at the point aimed at.
And so I swam slowly on, waiting for my head to touch the top of the corridor, which would mean that I had reached the limit of my flight and the point where I must sink for ever to an unmarked grave.
But these small wares, and petty points, of cunning, are infinite; and it were a good deed to make a list of them; for that nothing doth more hurt in a state, than that cunning men pass for wise.
We are thus brought to the question which has been largely discussed by naturalists, namely, whether species have been created at one or more points of the earth's surface.
About thirty miles above Point Vancouver the mountains again approach on both sides of the river, which is bordered by stupendous precipices, covered with the fir and the white cedar, and enlivened occasionally by beautiful cascades leaping from a great height, and sending up wreaths of vapor.
As the Heliumite's point pricked his green hide, Hortan Gur turned upon his adversary with a snarl, but at the same instant two of his chieftains called to him to hasten, for the charge of the fair-skinned inhabitants of the city was developing into a more serious matter than the Torquasians had anticipated.
The beautiful beaches of Points Pedro and Pablo, where are the shrimp-catchers' villages, are made fearful by the stench from myriads of decaying fish, and against this wasteful destruction it has ever been the duty of the fish patrol to act.
I did not cease to wonder at these ravines and precipices: when viewing the country from one of the knife- edged ridges, the point of support was so small, that the effect was nearly the same as it must be from a balloon.
Or, lastly, animated with sufficient speed to enable it to reach the neutral point, but not sufficient to pass it, it would remain forever suspended in that spot like the pretended tomb of Mahomet, between the zenith and the nadir.
The next point of interest will be Palermo, the most beautiful city of Sicily, which will be reached in one night from Naples.
Behind Notre-Dame, the cloister and its Gothic galleries spread out towards the north; on the south, the half-Roman palace of the bishop; on the east, the desert point of the Terrain.
On the weak and aged, and especially on delicate Females, the force of attraction tells much more heavily than on the robust of the Male Sex, so that it is a point of breeding, if you meet a Lady in the street, always to give her the North side of the way -- by no means an easy thing to do always at short notice when you are in rude health and in a climate where it is difficult to tell your North from your South.