This is the 2033rd most frequent Swedish word.
varg
Wolf.
In this sentence, 'varg' refers to the animal known as a wolf.
Vargen ylar i natten.
The wolf howls in the night.
Here, 'varg' is metaphorical, referring to a false alarm or deceit based on the idiom 'cry wolf'.
Han ropade på vargen men ingen kom.
He cried 'wolf,' but no one came.
In this sentence, 'varg' is used in a literal sense to describe seeing the animal wolf.