Point

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

Point

The smallest unit of price change quoted, or one one-hundredth of a percent. Related: Minimum price fluctuation and tick.

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.

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.
References in periodicals archive ?
Three displays were presented to separate groups of observers: the near point alone, the far point alone, and both points together in one of three configurations (explained later).
an industry leader in the design and manufacture of Internet Payment Gateways for electronic transaction markets, today announced an agreement with FAR POINT Consulting to deploy Systech Internet Payment Gateways with FAR POINT-developed custom payment software to multiple vertical markets including casinos and retail petroleum.
Siguro, the only sad part is itong kampanya was the far point.
All the indications so far point to a new deal, but Trap and Marco Tardelli may have to take a significant pay cut to stay on.
The averages so far point to a stone-cold sell at 5.
Because Mars's southern hemisphere is tipped away from the Sun when the Red Planet is near the far point of its eccentric orbit, only 70% as much sunlight falls on the rover's solar cells.
It reaches almost to the horizon and certainly in those days there were guided walks, seven miles as I recall, across these sands to the far point of Grange-over-Sands in Cumbria.
Krebs remains convinced Stevenson is involved in the attack on him, adding: "While the clues I've uncovered thus far point to the role of a single individual, this person is likely part of a larger group involved in hacking and SWATing activity.
Runners in the opening Goodwood Stakes pass a crop circle in a field next to the dip as they run towards the far point of the course
SmartGift, which was developed by FAR POINT using Gemplus smart cards, does away with the need for cash refunds, eliminates incidents of fraud from counterfeit gift certificates, and reduces accounting errors common in labor-intensive paper-based systems -- while keeping the customer linked to the store for the full value of the gift certificate.
All indications far point to growth of about a million new car and light truck purchases this year.
Tanzanian Royalty chairperson and CEO Joseph Kahama said, "While the positive results to date remain to be confirmed and supplemented with additional drilling, the grades and thicknesses we have been seeing thus far point to an improvement in open it economics.