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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 ?
Or is their trip to the studio that will turn out to be pointless?
WAYNE Rooney has claimed his international career will have been "pointless" unless England can challenge for trophies on the international stage.
SATURDAY night TV hero Richard Osman announcing on Pointless Celebrities: "Alistair McGowan, Gina Yashere, Julian Clary, Lee Nelson, Stephen K Amos...
The Health Secretary urged doctors not to participate in what he called a "pointless" strike over the Government's controversial pension reforms, warning them that it will achieve nothing.
AMY Tunnicliffe, 13, of Stockton, pitted her wits with her family and friends to test the new board game of Pointless, based on the BBC TV series hosted by Alexander Armstrong.
Your emails and texts Pointless cloths Coloured number cloths are pointless in any races where there are more than a few runners.
Or does this sort of incident just bring more pages of pointless publicity for their even more pointless show?
Conservative Councillor Dennis Birbeck (Sutton New Hall) said: 'This seems to be completely pointless and an unnecessary change that will confuse people.'
MasterChef, 8.00pm MasterChef, 8.00pm 6.00 Breakfast 9.15 10.00 Homes Under 11.00 Call the Council Red Handed 12.15 Antiques enthusiasts valuable finds in News at One; Weather Regional News and Doctors 2.15 Think Escape to the Country on a Plate 4.30 Flog Pointless Quiz show.
THE Krankies will be bringing their manic brand of humour to TV screens when they star on BBC gameshow Pointless.
(T)(R) 5.15 Pointless (T) 6.00 BBC News; Weather (T) 6.30 BBC Regional News Programmes; Weather (T) 6.00 Breakfast (T) 9.15 Neighbourhood Blues (T) 10.00 Homes Under the Hammer (T) 11.00 Call the Council (T)(R) 11.45 Don't Get Done, Get Dom (T) 12.15 Bargain Hunt (T)(R) 1.00 BBC News; Weather (T) 1.30 BBC Regional News and Weather (T) 1.45 Doctors (T) 2.15 Moving On (T)(R) 3.00 Escape to the Country (T)(R) 3.45 Glorious Gardens from Above (T) 4.30 Flog It!
It's PS5 from www.amazon.co.uk Daytime quiz revolution Pointless >says as much about people as it does about facts.