Literature Reference: 受厘归胙，既戒而平。—— 《郊庙歌辞 让皇帝庙乐章 迎俎》 Receiving blessings and offerings, in solemnity and peace. Source from 'Jiao Miao Ge Ci Rang Huang Di Miao Yue Zhang Ying Zu'.
既: Since, having eaten. The original meaning is to have finished eating, extended to signify completion, already.
平: Peace and tranquility. In the name, it carries the meaning of ambitions in all directions and lofty aspirations.
Meaning: Peace and harmony, symbolizing order and tranquility.