When people talked about portable before, they meant code that used an abstraction that was platform agnostic. And that’s how it’s still used today. It’s just we have better abstractions now so our expectations of what is “portable” have gotten stricter.
Eg the P in POSIX (which is nearly 40 years old now) is “portable”. The point of POSIX was to provide common abstractions that one could build against to run on multiple different operating systems. It wasn’t about porting software, it was about preventing people from needing to constantly write platform-specific ports.
This is somewhat outdated information. POSIX.1-2001 added "posix_openpt" to create a pseudoterminal, and most POSIX implementations now support it–at least Linux, macOS, FreeBSD, NetBSD, OpenBSD, Solaris, z/OS, AIX, HP-UX, QNX, Minix and Cygwin do. (Of course, that's only true of current versions, if you go back a decade or more you'll find many of them hadn't implemented it yet.)
Saying something “can” be ported doesn’t make it portable. People would port games from the NES to the Master System, to 8 bit Micros but in most cases they were effectively complete rewrites because there wasn’t any common abstractions between those platforms.
Where as tools like POSIX provided abstractions to make code portable.
As I said before, the only reason you think the term has changed over the years is because the abstractions have gotten better and thus people’s expectations for how much effort should be required to port have gotten stricter. But that doesn’t mean the term means something totally new.
And by the way, I have authored portable terminal emulators and $SHELLs. ;)