This is the 5497th most frequent Russian word.
подписывает
"Подписывает" means "signs" (as in signing a document).
Here, 'подписывает' is used in the literal sense of signing documents, indicating an ongoing action.
Он подписывает важные документы.
He is signing important documents.
In this case, 'подписывает' represents an action repeated over time, denoting the act of committing to agreements formally.
Каждый год компания подписывает новые контракты.
Every year, the company signs new contracts.
Here, 'подписывает' is employed in the context of adding a signature to one's artwork, demonstrating ownership or authorship.