This is the 790th most frequent Spanish word.
vive
"Vive" means "lives" (third person singular of "vivir").
In this sentence, 'vive' is the third-person singular conjugation in present tense of the verb 'vivir', used to indicate the current residence of a person.
Ella vive en España.
She lives in Spain.
Here, 'vive' is the imperative form of 'vivir' for the second-person singular (informal), expressing a suggestion or command to experience life in the present.
Vive el momento.
Live the moment.
This use of 'vive' also reflects the third-person singular present tense of 'vivir', emphasizing the ongoing state or manner in which the subject experiences life.