porpoise noun [C]. âº a âmammal that âlives in the âsea, âswims in âgroups, and âlooks âsimilar to a dolphin but has a âshorter ârounder ânose. (Definition of porpoise from the Cambridge Advanced Learnerâs Dictionary & Thesaurus Â© Cambridge University Press). See all translations.
Definition of point of no return. 1  1 : the point in the flight of an aircraft beyond which the remaining fuel will be insufficient for a return to the starting point with the result that the craft must proceed. 2  2 : a critical point at which turning back or reversal is not possible.
DEFINITION of 'Absolute Return'. The return that an asset achieves over a certain period of time. This measure looks at the appreciation or depreciation (expressed as a percentage) that an asset-usually a stock or a mutual fund-achieves over a given period of time.