Rare term for the hilt of a sword or similar weapon. In modern Japanese, 柄 (つか) is the standard word.
In old documents, the notation 欛柄 for a sword's hilt can sometimes be seen.
point (of a conversation, etc.)
Rare figurative use meaning the gist or key point of a discussion. Modern equivalents include 要点 or ポイント.
I couldn't grasp the point of his story.