This is the 409th most frequent Serbian word.
друштво
Society; company; group of people.
In this sentence, 'друштво' is used to refer to a group of friends or companions.
Моје друштво и ја смо јуче ишли на биоскоп.
My friends and I went to the cinema yesterday.
In this context, 'друштво' refers to an organized group or club.
Придружио сам се локалном шаховском друштву прошле недеље.
I joined the local chess club last week.
Here, 'друштво' is used in the sense of society or community.