Previously from Paul’s Pricing Dictionary:
Happiness, n. A feeling of well-being which is directly proportional to your gross margin %.
Price, n. Value, plus a reasonable sum for wear and tear of conscience in demanding it. (qv, Ambrose Bierce, The Enlarged Devil’s Dictionary)
Strategic Deal, n. deal struck at a massively negative gross margin by CxO or Executive Sponsor, usually without any hope of margin recovery.