/
ˈpʌŋ(k)tʃʊəl, 
-tjʊəl/
adj.
  - happening or doing something at the appointed time.
 - Grammar  of or denoting action that takes place at a particular point in time. Contrasted with durative.
 
Derivative
- punctuality n.
  - punctually adv.
 
Etymology
C17: from med. L. punctualis, from L. punctum ‘a point’.