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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 ?
Le principal point a relever est le retour du milieu offensif de Bastia, Ryad Boudebouz.
Le controle de [beaucoup moins que]toute la region de Qousseir[beaucoup plus grand que], marque par la chute du dernier fief de [beaucoup moins que]Boueida Al Charqiya[beaucoup plus grand que], constitue un tournant decisif qui a ete conforte par la prise de Qouneitra, le principal point de passage dans la zone demilitarisee situee sur la Golan.
Soit, le principal point sur lequel les [beaucoup moins que]grandes puissances[beaucoup plus grand que] exigent des concessions des autorites iraniennes, dont le programme nucleaire est soupconne par les pays occidentaux et IsraE1/2l de velleites militaires (fabrication de la bombe atomique notamment).
Les manifestants, dont la plupart sont des commercants tirant leurs ressources avec le voisin libyen, ont reclame l'intervention des autorites tunisiennes aupres de Tripoli pour obtenir l'ouverture de ce principal point de passage au sud.
In this diagram the proposed foreshortened image is a trapezoid, bcfg, which extends up toward a theoretical principal point on the right that would become apparent if you took a ruler and extended lines cf and bg until they met at a point.

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