When you watch shows on Bloomberg TV or you watch shows on CNBC you will hear the term "point(s)" in reference to investments. Please do not be intimidated by such wall street jargon/gibberish.
Primary use of the term point(s):
As it pertains to stocks, point = $1 change in value (The most common use of the term point(s))
Other uses of the term points(s):
As it pertains to stock indices, point = $1 change in value or $100 change in value
As it pertains to bonds, point =1% change in face value
As it pertains to bonds and derivatives, "basis" point = .01% change in value
As it pertains to forex, "basis" point aka pip(s) = $.0001 change in currency pair.
As it pertains to real estate mortgage, point = origination fee in which 1 point is 1% of loan and is difference between mortgage rate and prime interest rate
