This is the 708th most frequent Icelandic word.
staða
Position, status, or condition.
In this case, 'staða' refers to the state or condition of a situation or affairs, emphasizing its progress or development.
Staða mála er nú vel á veg komin.
The state of affairs is now well advanced.
Here, 'staður' denotes status or state specifically in the context of finances, referring to the condition or situation of financial aspects.
Við ættum að skoða fjárhagslegar stöður þeirra.
We should examine their financial statuses.
Here, 'staða' means a situation or position, particularly in a hierarchical or influence-based context like a social group or organization.