This paper examines the effective representation of the punctual Hilbert scheme. We give new equations, which are simpler than Bayer and Iarrobino-Kanev equations. These new Plücker-like equations define the Hilbert scheme as a subscheme of a single Grassmannian and are of degree two in the Plücker coordinates. This explicit complete set of defining equations for Hilb µ (P n ) are deduced from the commutation relations characterising border bases and from generating equations. We also prove that the punctual Hilbert functor Hilb µ P n can be represented by the scheme Hilb µ (P n ) defined by these relations and the well-known Plücker relations on the Grassmanian. A new description of the tangent space at a point of the Hilbert scheme, seen as a subvariety of the Grassmannian, is also given in terms of projections with respect to the underlying border basis.