Panna, often translated as 'wisdom' or 'insight,' is a crucial concept in Buddhism that refers to the understanding of the true nature of reality, particularly the impermanence of all things and the nature of suffering. This wisdom enables individuals to see beyond illusions and attachments, leading to a deeper comprehension of life and ultimately to the cessation of suffering. Panna plays a significant role in the path toward enlightenment, guiding practitioners in their meditation practices and ethical living.