The phrase emphasizes a transition from uncertainty to security or sureness in a situation. After the successful merger, the company is now on firm ground.
Pro Tip 2/3
Reassurance Tone
Use the phrase to reassure others that a previous unstable situation has become stable. Don't worry about the project's future, we are on firm ground now.
Pro Tip 3/3
Metaphorical Use
Understand it's a metaphor for stability, comparing a situation to stable ground. Despite the economy's ups and downs, our investments remain on firm ground.