The Collaborative International Dictionary of English v.0.48:

Standpoint \Stand"point`\ (-point`), n. [Cf. G. standpunkt.]
   A fixed point or station; a basis or fundamental principle; a
   position from which objects or principles are viewed, and
   according to which they are compared and judged.
   [1913 Webster]

WordNet (r) 3.0 (2006):

standpoint
    n 1: a mental position from which things are viewed; "we should
         consider this problem from the viewpoint of the Russians";
         "teaching history gave him a special point of view toward
         current events" [syn: point of view, viewpoint,
         stand, standpoint]