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The Chinese word "皆大欢喜" is formed from four characters: meaning "all", meaning "great", and 欢喜 meaning "joy and happiness". The construction pairs and to create "all great", which then modifies 欢喜, thereby conveying that all parties experience great joy.

Word Definition - 皆大欢喜

jiē dà huān xǐ As you like it, 1599 comedy by William Shakespeare 莎士比亚