This is the 209th most frequent Serbian word.
значи
"Значи" means "means" or "signifies."
('значи' is used as an interjection showing realization or conclusion)
Ах, значи си већ чуо ту вест!
Ah, so it means you’ve already heard the news!
('значи' serves as a verb meaning 'means' or 'signifies')
Ово значи да морамо почети одмах.
This means we have to start immediately.
('значи' is used as a filler word to start a sentence, equivalent to 'so' in English)