How Well Do You Know English Slang?
1530s, "pointing of the psalms," from Medieval Latin punctuationem (nominative punctuatio) "a marking with points," noun of action from past participle stem of punctuare "to mark with points or dots," from Latin punctus "a prick" (see point (n.)). Meaning "system of inserting pauses in written matter" is recorded from 1660s.
[P]unctuation is cold notation; it is not frustrated speech; it is typographic code. [Robert Bringhurst, "The Elements of Typographic Style," 2004]