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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 ?
They know whenever the other team is capable of scoring points in a hurry.
So, much of the argument in the main body of the text is well-conceived and well-executed, but Estabrook's discussion of the "urban renaissance" seemed to me to be too concerned with scoring points rather than providing his own imprint.
The affirmative action debate is burdened by more than its share of writers who care not a whit about changing minds, only scoring points. Richard Kahlenberg is not one of them.
Of course, those who predicted a different draw did not finish the weekend empty-handed when it came to scoring points.
ROLLER derby is a contact sport where a team skate round a small oval circuit scoring points by barging or passing your opponents.
Erol Rizaov from Utrinski vesnik takes part in the debate on the revision of privatizations and writes that the question, who robbed Macedonia, is recently the stickiest option for scoring points with the poor people.
The competition then enters a knockout stage with drivers again scoring points, but this time going head-to-head on the track.