This is the 345th most frequent Spanish word.
compañía
"Compañía" means "company" or "companionship" depending on the context.
In this sentence, 'compañía' refers to companionship or presence of someone.
Me alegra tu compañía durante esta caminata.
I am glad for your company during this walk.
Here, 'compañía' means a business entity or a firm.
La compañía anunció un aumento de salarios para sus empleados.
The company announced a salary raise for its employees.
In this context, 'compañía' represents the act of being accompanied by something, in this case, books.