Proud parents.
Meaning: This means that the parents are happy and satisfied with their child or children. It's like saying, They are happy and proud of their child's accomplishments.
Choice of Words: Proud is an adjective used to describe someone who is pleased and satisfied with something they have done or something they are associated with. Parents is a noun that refers to a person's mother or father. When used together, "Proud parents" describes a mother or father who is pleased and satisfied with their child or children.
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Related Expressions