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.

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 ?
Catheter migration was labeled as either inwards or outward movement of catheter from point of fixation on skin.
According to the company, the Pyrenees mono cervical plate system offers a slim-profile design that allows for a single point of fixation per level for improved visualization in-situ.
Cementless implants with distal fixation have an advantage of bypassing the fracture site and having their point of fixation outside the area of injury.