No. 393 in Icelandic
þakka
"Þakka" means "to thank."
In a sentence
Ég þakka þér fyrir hjálpina.
I thank you for your help.
Here, 'þakka' is used in its natural form to express gratitude.
Það er mikilvægt að kunna að þakka fyrir sig.
It is important to know how to express thanks.
In this case, 'þakka' explains the concept of showing gratitude or thanking generally.
Þú þakkaðir gestunum kurteislega.
You thanked the guests politely.
Here, 'þakka' is correctly conjugated in the past tense and indicates the act of thanking.
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