This is the 139th most frequent Icelandic word.
hætti
The Icelandic word "hætti" means "manner," "way," or "style" in English.
Here, "hætti" refers to a "manner" or "way," describing the method of living.
Hann lifir á hefðbundnum hætti.
He lives in a traditional manner.
"Hætti" in this context means "manner" as well, referring to the method or approach to an activity.
Við tökum á þessum hætti frá og með deginum í dag.
We shall proceed in this manner starting today.
In this sentence, "hætti" means "stopped," indicating the action of ceasing an activity.