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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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The feeling that we have passed a momentous inflection point is almost palpable.
There are several reasons to believe that we have reached a critical inflection point.
In any case, our sample size of 500 was sufficient to have crossed the inflection point on the sampling curve.
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 support of your point, it can be bad for the economy to have policy adrift at an inflection point.

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