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 ?
As he travels the world once a year, Santa should have a definite advantage if any geography questions come up, and his toy-making knowledge is second to none, but how is he on those other Pointless mainstays, the periodic table and tennis grand slam winners?
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Living in a city and region that has to constantly put up with pointless jibes from people down south, I was very surprised that The Post should engage in the same type of thing.
Osman, for those who do not know, is the very tall, but, more importantly, very funny assistant to host Alexander Armstrong on teatime quiz Pointless.
I AM a fan of the TV shows 'Have I Got News For You' and 'Pointless'.
Pointless invasions of faraway countries, total incompetence in the control of banking, welfare, immigration and many other aspects of government.
The presenter of Pointless was at the Lit & Phil, of which he is president, to give a masterclass to performing arts students from Newcastle College and sign copies of his new book, The 100 Most Pointless Things In The World.
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But it was Pooler who seized the chance when Robinson easily picked off a telegraphed pass by Gareth Morgan and just made it to the line after a 75metre sprint and that left the Quins pointless once again.