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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 ?
Take-home point 4: The UVA protection factor required to protect against skin damage is not known.
This case underscores several important take-home points. First, brainstem anesthesia remains a real hazard of regional ophthalmic blockade and may present with atypical features.
Here are a few surprising take-home points from what is after all just one statistical regression.
Key take-home points are highlighted throughout in 'Key Message' boxes and the use of summary tables for detailed information helps the reader with quick referencing.
These were take-home points from a press conference that two UN agencies and three international aid organizations held Saturday in Beirut.
But the take-home points should be: * Keep it simple * Lift * Be more cynical with who you trust to give you training informationThis is why I created Wonder Women, a programme for a select group of women who want to get outstanding results in double quick time.
Here are four take-home points that all parents should know:
In the end Lefkovitz is both castigating and celebrating these modern." Because of this her "take-home points can sometimes be vague.