point system
noun
1
: a system of wage payment in which work is subdivided into units equivalent to the number of minutes that a task should take and the payment of the worker on the basis of the number of points of work accomplished in a given length of time
called also Bedaux system
2
: a system in which printing type and spacing materials are made in sizes that are exact multiples of the point
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Merriam-Webster unabridged
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