This is the 15627th most frequent Russian word.
признают
"Recognize" or "acknowledge."
The word 'признают' here means 'recognize' and is used in the context of acknowledging the significance of something.
Многие люди признают важность образования.
Many people recognize the importance of education.
In this sentence, 'признают' means 'declare' and is used in a formal judicial context to identify someone with a legal status.
Если её найдут виновной, суд признают её виновной.
If she is found culpable, the court will declare her guilty.
The word 'признают' in this context means 'admit' and refers to acknowledging one's own faults or errors.