This is the 7181st most frequent Swedish word.
räkenskapens
"Räkenskapens" means "of the reckoning" or "of the accounting" in English.
Here, the word "räkenskapens" is used to denote possession related to "räkenskap," which concerns accounting or reckoning.
Dagen för räkenskapens slut är kommen.
The day of the reckoning's end has arrived.
The word "räkenskapens" serves to specify an attributive connection between the hour and the concept of reckoning.
Under räkenskapens timme tänkte han på sitt liv.
During the hour of reckoning, he reflected upon his life.
In this sentence, "räkenskapens" indicates a genitive form linked to the noun "betydelse," explaining the relevance of reckoning.