This is the 448th most frequent Icelandic word.
fé
The Icelandic word "fé" means "money" or "wealth."
Here, "fé" is being used to denote "money," which is a standard usage in Icelandic.
Ég hef safnað miklu fé.
I have saved a lot of money.
In this sentence, "fé" refers to livestock, particularly sheep, which is another meaning of the word in Icelandic.
Hann gaf fénu að borða á hádegi.
He fed the sheep at noon.
This usage of "fé" refers to wealth or asset, showing its broader sense.