News, Conversation, Weather, Doctor

Kreppa – crisis (the current economic crisis is sometimes referred to as simply "kreppa")
Heimur - world
Heimskreppa - world-wide crisis
Orkukreppa - energy crisis
Samleikakreppa - identity crisis
Stjórna - govern, regulate, manage, run, conduct an orquestra
Stjórnarkreppa - government crisis
Að detta - to fall (like tripping)
Skuld - debt
Að falla í skuld - to fall into debt. (You can't say "detta í skuld", no one says it and it sounds weird.)
Villa - mistake, error, delusion, disorientation, heresy
Áreiðanleiki - Dependability
Hreinn - clean, pure, straightforward,
Hreinskiptni - straight-forwardness
Framsækni - progressiveness
Vöðvabólga - fibrositis, muscular rheumatism, muscle strain, myalgia
Bein - bone
Himna - membrane, film
Bólga - inflammation, swelling
Beinhimnubólga - periostitis
Liðagigt - arthritis
Mal - car purr
Snjór, Snær - snow
Hjarn - crust of snow, snow that does not melt in summer
Mjöll, Nýsnævi - new-fallen snow
Fönn - drifted heap of snow, snow-wreath, snow that does not melt in summer
Lausamjöll - powder snow
Krap - slush
Snjókoma and fannkoma - snowfall
Kafald - thick fall of snow
Bylur, Hríð - snowstorm
Drífa - snow-drift
Él - a sudden fall of snow, hailstorm, hail
Fjúk - drift, drifting snow-storm
Hraglandi - sleet, cold drizzling shower
Kóf - thick fall of snow
Ofanbylur - snowfall in a wind
Skafrenningur - drifting snow
Snjómugga - a small snowfall
Hundslappadrífa - very heavy snowfall in calm weather, large snowflakes

Conversation:
Ekki er hægt að birta myndina því hún inniheldur villur. - It's not possible to display the image to you because it contains errors.

Ég læri á ljóshraða / Ég er að læra á ljóshraða. - I am learning at the speed of light.

Þetta er hrein og bein andskotans óvirðing. - This is bluntly put damn disrespect.

Phrases/Idioms:
Ég skal hafa það á bakvið eyrað - I will keep that behind my ear. (I'll keep that in mind, I'll remember that).

Most words were from conversations but some were from the news.