The rod is a unit of length in the imperial and US sytem and uses the symbol rod.
A rod (or perch, pole, lug) is equal to 16.5 feet or 5.5 yards.
It is a building surveyor's tool for measuring distance and is particularly useful as multiples of this unit can make up an exact acre. A perfect acre is a rectangle with edges 660 feet and 66 feet - which is 40 rods by 4 rods; i.e. 1 acre = 160 square rods.
The point is a unit of length in the field of typography and uses the symbol pt.
It is the smallest unit in the world of typography. There are 12 points in a pica.
In physical printing methods / press systems, the point size is the height of the metal press body on which the font's letters are made. When applied to the digital type space, letters are designed around a theoretical size, an em square which is scaled to the relative point size (when specified of course!).