Meaning
Shall we go? / Let's get out of here
Example
Já é tarde, umborimbora pra casa?
It's late — shall we head home?
Origin
A North/Northeastern contraction of vamos embora, often expanded by speakers as bora ir embora and then collapsed back into a single word at speaking speed.
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More idioms
Acertar na moscaTo guess correctly / To hit the nail on the headAmigo da onçaA fake/false friendAndar na linhaTo toe the line / To behave properlyArmar um barracoTo cause a public sceneRodar a baianaTo cause a public scene / To go ballisticArrumar sarna pra se coçarTo ask for troubleArrastar as asasTo hit on someone / To flirtAbrir o jogoTo come clean / To open upArregaçar as mangasTo roll up one's sleeves / To get to workAgarrar com unhas e dentesTo hold on for dear life / To seize an opportunity