This is the 465th most frequent Hebrew word.
הסרט
The Hebrew word "הסרט" means "the filming" or "the recording" (of a video).
In this sentence, "הסרט" (the movie) serves as the subject of the sentence, specifically identifying a certain movie being discussed.
הסרט שראינו אתמול היה מרגש מאוד.
The movie we saw yesterday was very emotional.
Here, "הסרט" (the ribbon) is described with an adjective, referring to a ribbon adorning the package.
הסרט הכחול שנקשר בקצה החבילה נראה יפה.
The blue ribbon tied at the end of the package looks beautiful.
In this context, "הסרט" (the ribbon) represents a literal object, a piece of fabric, showing its alternate meaning differing from the previous sentence.