This is the 103rd most frequent German word.
liegt
"Liegt" means "lies" or "is located."
Here, 'liegt' is used to denote the physical position or placement of the book on the table in a horizontal manner.
Das Buch liegt auf dem Tisch.
The book lies on the table.
In this sentence, 'liegt' conveys figuratively being attributed or assigned to someone, specifically indicating responsibility.
Die Verantwortung liegt bei dir.
The responsibility lies with you.
Here, 'liegt' is used to describe the geographical location or placement of the lake within a certain area.