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Point

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 ?
Shares in Triple Point Social Housing were 0.4% lower at 82.87 pence on Thursday.
The first-order and second-order Poynting corrections for ice were evaluated at temperatures from -100 [degrees]C to the triple point, at pressures up to 20 MPa.
The number of pencils l [member of] [G.sup.1.sub.d] (C) having triple points at both p and q equals
Clients continue to work with Triple Point and are finding additional ways to extend the benefits of visual pathing, real-time technology, improved efficiencies and more accurate reporting.
The ASP deployment is designed to help utilities like Anaheim Public Utilities measure, monitor, and control their power operations," said Triple Point Technology, president Peter F.
For the forward funded assets, Triple Point will enter new FRI leases with Inclusion Housing and Chrysalis Supported Inclusion for a minimum period of 20 years.
UK-based social housing investor Triple Point Social Housing REIT plc (LSE: SOHO) has completed the acquisition of five supported housing properties, exchanged contracts on one further supported housing property, and has acquired the land and entered into forward funding arrangements to develop another supported housing scheme, comprising 38 units in total, for an aggregate commitment of GBP 6.2m (USD 8.08m), the company said.
11 September 2018 - UK-based social housing investor Triple Point Social Housing REIT plc (LSE: SOHO) has completed the acquisition of five supported housing properties, exchanged contracts on one further supported housing property, and has acquired the land and entered into forward funding arrangements to develop another supported housing scheme, comprising 38 units in total, for an aggregate commitment of GBP 6.2m (USD 8.08m), the company said.
The bank said that it has adopted Triple Point Technology's Commodity XL for Precious Metals to manage its gold and silver bullion wholesale and retail distribution operations in India.
19 -- Triple Point Technology, the leading global provider of cloud and on-premise Commodity Management software, announced today that YES Bank has licensed its Commodity XL for Precious Metals(TM) software to manage gold and silver bullion wholesale and retail distribution operations.
North Colin Russell Ballycolin (3.50 Kelso, nap) Triple point and novice chase winner who goes well on fast ground.