what is diamond size called
This weight (one carob seed) as later standardized to be 1 carat, or 1/5th of a gram, hence a five carat diamond equals 1 gram and 155.51 carats equal one ounce. The one carat weight is then broken down into 100 equal parts called points; 75 points equal 3/4 of a carat, 50 points equal 1/2 of a carat, etc. The significance of the weight is like the other quality grades. Rarity, now by virtue of the diamonds size and weight.