This is the 83rd most frequent Slovak word.
nový
"Nový" means "new" in English.
In this sentence, 'nový' is used as an adjective to describe the condition of the bicycle, indicating it is new.
Toto je môj nový bicykel.
This is my new bicycle.
Here, 'Nový' is part of a proper noun, 'Nový rok,' which means 'New Year.'
Každý rok na Nový rok ideme do hôr.
Every year on New Year's Day, we go to the mountains.
In this context, 'nový' expresses a fresh or different state or beginning, describing the life she starts.