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 periodicals archive ?
VETERAN Harry Curran nabbed Morton a vital point firing home a Darren Davies cross in the final minute to leave Ayr shell-shocked.
Under Andy Murray, he is back at the point firing away.
It was strictly a case of point firing, getting off the rounds as rapidly as possible.