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This style of blade point has had several different names throughout history, but they all mean the same general thing: the cutting edge is fairly straight, and the spine and point are rounded convexly downward to meet the point. This is a very strong point for bearing down and applying pressure from the spine of the knife for cutting tough textiles, carving wood, or any chore where a lot of pressure will be applied. Having a straight edge can also aid in sharpening, as flat stones may be easier to position and hold to the correct, uniform angle with this shape.
Another historical curiosity about the name of this point. In current times, it is common to call this type of point a "Wharncliffe," a name originating from a claim that the Earl of Wharncliffe actually developed this point. This is incorrect, as this point has been used since Roman times. "Wharncliffe" seems to be more linguistically appealing than "Sheepfoot" or "Beak" which are technically more descriptive... such is the romance of knife making.