Entschuldigung

A German word meaning 2 things. It means "Excuse me" and "Sorry."

Meaning: Excuse me
Person 1: Entschuldigung, wo ist der Markt? (Excuse me, where is the market?)

Person 2: Da drüben. (Over there.)

Person 1: Danke! (Thanks!)

Meaning: Sorry
Person 1: Entschuldigung.... :( (Sorry....)

Person 2: Es ist ok.... (It is ok...)

Person 1: :)