ANSWERS: 2
  • It is common in argument to "make a point". To "take a point" is simply the complement of this, to accept that the other has made their point and their argument has convinced you. "I take your point" is then abbreviated to "point taken".
  • Actually, the phrase is derived from swordplay, as in someone "taking the point" of the other person's rapier. It's an admission of the other person's superior aim or strategy.

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