What is the meaning of Points (or Discount Points)?

Points > or Discount Points
Subtopics: loan discount points, time share 

Money paid to a lender at closing in exchange for lower interest rates. Each point is equal to 1% of the loan amount.

Barry Goldsmith
5
 
|15 years ago|582 views|share |citing 
APABarry Goldsmith. (2010). Points (or Discount Points). Retrieved September 20, 2026, from http://smartdefine.org/points_(or_discount_points)/definitions/1160715
ChicagoBarry Goldsmith. 2010. "Points (or Discount Points)" http://smartdefine.org/points_(or_discount_points)/definitions/1160715 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, Points (or Discount Points), Smart Define, viewed 20 September, 2026, <http://smartdefine.org/points_(or_discount_points)/definitions/1160715>.
MLABarry Goldsmith. "Points (or Discount Points)" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/points_(or_discount_points)/definitions/1160715>