This is the 9213th most frequent Portuguese word.
caneco
"Mug" or "cup."
In this context, 'caneco' refers to a trophy or cup received as an award.
Ele ganhou o caneco do torneio de futebol.
He won the trophy in the soccer tournament.
In this sentence, 'caneco' is used colloquially to refer to drinking habits or a specific drinking vessel.
Você bebeu muito, cuidado com o caneco!
You've drunk a lot, watch out for the mug!
Here, 'caneco' is used to refer to a mug, a container for liquids.