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 ?
It is, however, perhaps weakened by a rather pointlessly guidebook-ish form; do the publishers and author really expect a significant audience for such a limiting Grand Tour-ism restricted entirely to Europe's modern churches?
The CD ends with a pointlessly punkish rendition of the CD's title cut by Henry Rollins.
Blood will continue to be pointlessly shed on both sides," Edelman wrote.
While their classmates spent sleepless nights preparing for pointlessly grueling Socratic dialogues, both Marquart and Byrnes pursued their own versions of legal education.
But aside from pointlessly aggravating Sino-American relations it cannot roll back the clock to a pre-industrial China, one that did suffer a rigid trade-off between economic growth and military capacity.
Without the accompanying oratories of explanation, the delays caused by gentleman's filibusters can seem pointlessly disruptive to the general public, and the Senate's workings become even less understandable to observers (which, thanks to C-Span, constitute more and more Americans).
It is estimated 25% of the whole budget is raised and then spent in the same place, having being pointlessly recycled via Brussels.
When you've run off at the mouth and said something pointlessly offensive, the right thing to do is to say sorry
Political observer Alajdin Demiri considers that Thaci makes fuss about nothing and pointlessly threatens to exit the negotiations.
He branded the comments "pointlessly inflammatory".
Never has so much venom and angst been expended so pointlessly.