This simple word uttered with a gesture of folded hands is among the finest salutations, mankind has ever been able to vocalize. 

It simply means:

I honor the place in you 
In which the entire Universe dwells 
That place of Love and Light 
And of Truth and of Peace 
When you are in that place in you 
And I am in that place in me 
We are One.

Read also: Greetings