This is the 51st most frequent Hungarian word.
nincs
The Hungarian word "nincs" means "there is not" or "does not exist."
In this sentence, 'nincs' is used to express the lack of possession of money, functioning as the negation of 'van' (the verb 'to have').
Nincs pénzem venni egy új kabátot.
I don't have money to buy a new coat.
Here, 'nincs' denotes the absence of a state, specifically, the absence of school today, again as a negation of existence ('van').
Ma nincs iskola, mert szünet van.
There's no school today because it's a holiday.
In this sentence, 'nincs' is used to negate an abstract concept, implying the non-existence of a problem while providing reassurance.