This is the 6757th most frequent Spanish word.
coquimbo
"Coquimbo" is a place name referring to a port city and region in Chile; it does not have a specific standalone meaning in Spanish.
Here, 'Coquimbo' is proper noun referring to the city.
Coquimbo es una ciudad costera en Chile con un gran puerto.
Coquimbo is a coastal city in Chile with a large port.
In this sentence, 'Coquimbo' identifies the city associated with the football team.
El equipo de fútbol de Coquimbo ha ganado muchos partidos este año.
The Coquimbo football team has won many matches this year.
'Coquimbo' is used as a geographic location indicating the city where the market is located.