Often used metaphorically to express a critical decision point after which there is no turning back. He knew that marrying her was the point of no return in his life.
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Tipping Point
Can imply a tipping point where the situation will significantly change and you must commit. The campaign had reached the point of no return, they had to see it through.
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Dramatic Situations
This phrase adds drama, often hinting at high stakes or irreversible consequences. This was it, the point of no return, the heist was about to start.