This is the 11561st most frequent German word.
stift
Pen; pencil; or (in some contexts) foundation/establishment.
In this sentence, 'Stift' again denotes a pen, and its position and color are described.
Der Stift auf dem Tisch ist blau.
The pen on the table is blue.
Here, 'Stift' means an apprentice, often used in informal contexts in Germany.
Der neue Azubi wird oft als Stift bezeichnet.
The new trainee is often referred to as the apprentice.
Here, 'Stift' refers to a pen, a writing instrument.