Point

(redirected from convergence point)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Point

The smallest unit of price change quoted, or one one-hundredth of a percent. Related: Minimum price fluctuation and tick.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Point

A way of conceptualizing price changes in the trading of securities. For stocks, a point corresponds to $1, while for bonds it indicates a 1% change relative to the face value. For example, if one states that GE rose two points on Thursday, this means that it rose $2. See also: Tick.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

point

A change in the value of a security or a security index or average. For common and preferred stocks a point represents a change of $1. For bonds a point represents a 1% change in face value. For example, a one-point decline in a $1,000 principal amount bond translates to a $10 decline in price. For stock averages and indexes a point represents a unit of movement and is best interpreted as a percent of the beginning value. For example, a 100-point decline in the Dow Jones Industrial Average that started the day at 10,000 represents a 1% fall in the average.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The results in Figure 4 indicate that the convergence point show positive correlation with the total iteration numbers.
Convergence Point Media now claims to offer over-the-counter marketers an opportunity to cover digital channels and target ready-to-buy health consumers more precisely than ever before.
Then, the desired signal and the interference-plus-noise covariance matrices of the lth data stream of the kth user for the forward and backward channels at the convergence point can be expressed as:
It is a convergence point for the global forces that affect global peace and stability.
The square is also the convergence point of daily marches by staff in firms earmarked for privatisation who oppose the government's pledge to raise 50 billion euros in the selloff of state-owned companies by 2015.
'We are highly pleased to be one of the gold sponsors of this event, and this constitutes an important convergence point providing us with an opportunity to benefit from the expertise available and interact with it,' he added.
Consequently, he can constitute - in the future - a convergence point for the Shiites wishing to expand their margin of independence and limit the Iranian tyranny in Iraq.
The issue has legal and documentation implications but must be studied by Shari'ah scholars in order to safeguard the rights that holders have perceived at the time of issuance of the Sukuk as well as issues such concerning fair risk and reward in the case of Musharaka and Mudaraba Sukuk (refer Sheikh Taqi Usmani's ruling), needs to be looked at from a convergence point of view.
Winnipeg has inherent advantages of being situated in the centre of North America and at the convergence point of three major Class 1 railroads.
"The convergence point, that is, where the left/right camera lens axes intersect, defines the screen plane in a scene," said renowned cinematographer Barry Braverman in a 3D workshop held recently in Singapore by Panasonic.
The image used must include easily identifiable details and at least three vanishing points--the convergence point of straight tines projected to represent depth--as well as at least one reference object in the distance.
The Nexus One is described by Queiroz as a "superphone" and a "convergence point for mobile technology, apps and the Internet."

Full browser ?