This is the 393rd most frequent Icelandic word.
þakka
"Þakka" means "to thank."
Here, 'þakka' is used in its natural form to express gratitude.
Ég þakka þér fyrir hjálpina.
I thank you for your help.
In this case, 'þakka' explains the concept of showing gratitude or thanking generally.
Það er mikilvægt að kunna að þakka fyrir sig.
It is important to know how to express thanks.
Here, 'þakka' is correctly conjugated in the past tense and indicates the act of thanking.