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.
Points are one type of fee paid at closing by you to your mortgage lender. There are two types of points: Origination Points and Discount Points. Each point equals 1% of your loan amount.