Point

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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 intersection of the normal and point cloud is considered as the corresponding point [14].
Next, the corresponding points found in the previous step could be matched precisely by finding the transformation matrix based on the cost function.
If every point of query minutiae q corresponds to genuine minutiae t and if the query minutiae are then moved such that the position and the direction of the two points become identical, then t and q are located where most of the corresponding points are located, as shown in Fig.
TABLE 2: Corresponding point errors analysis of 3 to 30 pairs points.
Thus we can fit a straight line using the corresponding points in those two straight lines.
So, when [X.sub.2] [contains] [X.sub.1] [contains] x ,there must be a corresponding point [pi] = 2[alpha] - x.
Rovers prepare for game number 36 of the 46-match programme at Oldham Athletic on Saturday standing sixth in the table - just as they did at the corresponding point of the 2006/07 season.
And in October Wal-Mart announced price "rollbacks" on 15,000 items--20% more than at the corresponding point the year before.
Any deviation here from being perfectly centered exaggerates the differences in length from where each point around the bubble circumference meets the collapsing frame and where the corresponding point meets the upper pull nip.
It found that over the short term, payouts have continued to improve, with the average surrender values after two, three, four and five years all higher than at the corresponding point a year ago.
Let the point O [member of] [E.sup.3] and the corresponding point in [M.sup.3] be O'.