Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• POINT OF SALE (POS) SYSTEM - an electronic system that uses a card to debit the purchasing account
  
  
• POINT OF SALE ENTRY/SHARED NETWORK TRANSACTION (POS/SHR) - standard entry class code, represents a poin...
  
  
• POINT OR TICK - The smallest monetary unit of change in a futures price or an options premium.
  
  
• POINT SOURCE - A stationary location or fixed facility such as an industry or municipality that dischar...
  
  
• POINT(S) - A point equals one percent of the mortgage loan amount. If you were charged one point on a $...
  
  
• POINT-OF-SALE - An electronic payment system for retail goods and services, through the use of credit c...
  
  
• POINT-OF-SERVICE PLAN - Allows an individual to choose between service from a provider in the plan netw...
  
  
• POINTS - An upfront cash payment required by the lender as part of the charge for the loan, expressed a...
  
  
• POINTS (LOAN DISCOUNT POINTS) - Prepaid interest assessed at closing by the lender. Each point is equal...
  
  
• POINTS (OR DISCOUNT POINTS) - Money paid to a lender at closing in exchange for lower interest rates. E...