位 means 'rank'

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Strokes : 7    Frequency: 381   JLPT: N3    Usefulness: 3    Study set: 3-10    Grade: 4   Intermediate lesson: 23    Beginner lesson: -   Begins 72 words   Used in 459 words   Used in 263 names   Component in 3 kanji (0 Jōyō)
Jōyō (常用)
   くらい rank
Kun    ぐらい
Name    ぞき
⿰   () man   stand  
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In the most useful 10,000 words in Japanese, 位 is used 18 times, read 1 way (with 1 variation).
Across all words in Japanese, 位 is used 450 times, read 2 ways (with 2 variations).
イ : 428 words FIND ALL
place; situation; position; location
(click the word to view an additional 2 forms, examples and links)
くらい : 19 words FIND ALL
Most common form: くらい
adverb, suffix
1. throne; crown; (nobleman's) seat  (orig. from 座居, meaning "seat")
2. government position; court rank  (see also: 位階)
(click the word to view an additional 4 meanings, examples and links)
くらい (read as ぐらい) : 2 words FIND ALL
pride; haughtiness
(click the word for examples and links)
み: 1 word. FIND ALL
~ grade (rank of honor)  (see also: 従一位, 従三位)
(click the word for examples and links)
An additional み less common words include 位 but the reading has not yet been categorized.
Henshall: 445 (originally: 421)  Joy o' Kanji : 421  Key to Kanji:

Cascading kanji view

イ   くらい rank   
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ジン   ニン   ひと man   
リツ   リュウ   た to stand   たてる to build   
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