To direct the central processing unit to seek information at a certain location in memory
a promontory extending out into a large body of water; "they sailed south around the point"
A one-time charge by the lender or broker for originating a loan A point is one percent of the total loan amount An amount equal to 1 percent of the loan amount Points may be paid by the borrower at the time the loan is made to get a lower interest rate Lenders offer various rate/point combinations Sometimes called a loan origination fee
the precise location of something; a spatially limited location; "she walked to a point where she could survey the whole street"
Specifically: A small promontory or cape; a tract of land extending into the water beyond the common shore line
If you are on the point of doing something, you are about to do it. He was on the point of saying something when the phone rang She looked on the point of tears
In spoken English, you use point to refer to the dot or mark in a decimal number that separates the whole numbers from the fractions. Inflation at nine point four percent is the worst for eight years
A "point" represents a fee collected by lenders to lower the interest rate you pay on your loan One point equals one percent of the loan amount That means if you borrow $150,000 and pay one point, the point equals $1,500 Points are, in effect, pre-paid interest As a general rule, if you pay more points, the interest rate will be lower
When builders point a wall, they put a substance such as cement into the gaps between the bricks or stones in order to make the wall stronger and seal it. see also pointed, breaking point, focal point, point of sale, point of view, power point, sticking point, vantage point
A unit of measure in typography There are approximately 72 points to the inch A pica is 12 points
One of the raised dots used in certain systems of printing and writing for the blind
If you point something at someone, you aim the tip or end of it towards them. David Khan pointed his finger at Mary A man pointed a gun at them and pulled the trigger
In the case of shares of stock, a point means $1 If ABC shares rise 3 points, each share has risen $3 In the case of bonds a point means $10, since a bond is quoted as a percentage of $1,000 A bond that rises 3 points gains 3% in $1,000, or $30 in value An advance from 87 to 90 would mean an advance in dollar value from $870 to $900 In the case of market averages, the word point means merely that and no more If, for example, the NYSE Composite Index rises from 90 25 to 91 25, it has risen a point A point in this index, however, is not equivalent to $1
{i} spot, pinpoint; tip, prong; essence, gist; intention; matter; small measurement used to measure font size (Computers)
Prepaid interest assessed at closing by the lender Each point is an amount equal to one percent of the principal amount of a mortgage For example, if you get a mortgage for $80,000, one point means you pay $800 to the lender Lenders frequently charge points in both fixed-rate and adjustable-rate mortgages in order to increase the yield on the mortgage and to cover loan closing costs These points usually are collected at closing and may be paid by the borrower or the home seller, or may be split between them