# point

- Canonical URL: https://www.gerhardmerk.de/point
- Post ID: 593460
- Modified: 2023-07-25T21:12:33+00:00
- Language: en

## Definition

When quoted on U.S. stock exchanges, one point is equal to 1.00 USD. - The point between thousands and hundreds of a number, which is still widely used in Germany, for example: 1,000 for one thousand, is regularly read worldwide as digits behind a whole number, here therefore: 1.000 and consequently understood as pips. Therefore, the statistical authorities as well as the central banks do not write a dot here, but put a gap (thus: 1,000 for one thousand). In Switzerland, an apostrophe is widely used, i.e. 1'000 for one thousand. - See base point, handle, pips, stop. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1