Here's a breakdown:
* 감사 (gamsa): means "gratitude" or "thanks"
* 합니다 (hamnida): is a polite ending attached to verbs, making the sentence formal.
Other ways to say "thank you" in Korean:
* 고맙습니다 (go맙습니다): This is a slightly less formal way to say "thank you" and is appropriate for friends and people your own age.
* 고마워 (gomawo): This is the most informal way to say "thank you" and is used only with close friends and family.