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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 ?
In the interim, Comus International, a switch manufacturer, and Bethlehem Apparatus, a mercury recycler, are providing storage for the mercury collected from the "Switch the Switch" events.
The Switch Lite, as the name implies, is a more portable version compared to the original Switch.
Specifically, The Switch will now have two transmit and two receive circuits between Istanbul and London.
After shutdown, the student was able to select off on the switch. The switch that was installed (p/n 103572101) included a push-to-start function.
In the above example one might suggest that students switch code for cultural and religious reasons, yet it might be treated as communication purpose, learner might not be able to say it in English.
Switch energy needs will come from new solar facilities operating in Nevada.
The appeal of employing detect switches as opposed to alternative switch technologies like pushbuttons and slide switches, is that they are smaller and more flexible by design.
The remote controls allow the user to control the switch position, lockout the front-panel operations and obtain the switch status.
In 2001, EE published an ASCOR (now part of Giga-tronics) tutorial, "The Importance of Switching." It defined various switch configurations and highlighted the role of shielding.
Beers Enterprises, owner and operator of The Switch, has chosen Net Insight and its Nimbra platform for its 50-city network expansion.
While a broad range of sensors are available for temperature and pressure control in process automation applications, a simple solution, like a pressure switch activating power directly without the use of an interconnected controller or electronics circuit, is often the best--and in many cases, the most cost-effective.
The USR997716A 16-Port Gigabit Courier Smart Switch is priced at GBP199.99; the USR997724A 24-Port Gigabit Courier Smart Switch is priced at GBP224.99; the USR997748 48-Port Gigabit Courier Smart Switch is priced at GBP449.99; and the USR997624A 24-Port 10/100 PoE & 2-Port Gigabit Courier Smart Switch is priced at GBP299.99.