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What is an inflection point?

What is an inflection point? Here are some definitions.

Noun
  1. (mathematics) a point of inflection
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There are several reasons to believe that we have reached a critical inflection point.
But here we encounter another paradox that suggests we are indeed at a critical inflection point for policy and for markets.
A case can be made that we have now passed a key inflection point for global interest rate markets.
As the moisture decreases, the evaporation curve inflects at a point referred to herein as the peat evaporation inflection point.
In any case, our sample size of 500 was sufficient to have crossed the inflection point on the sampling curve.
In our opinion, the first quarter of 2004 represented an inflection point worthy of influencing substantial revisions in portfolio allocations.

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