This is the 194th most frequent Icelandic word.
liggja
To lie (as in to be in a horizontal or resting position).
The word 'liggja' is used to indicate the location or position of something.
Húsið liggur við sjóinn.
The house lies by the sea.
The word 'liggja' is used to describe an object in a resting position.
Bókin lá á borðinu.
The book was lying on the table.
Here 'liggja' refers to a state or condition, metaphorically describing a collective rest.