The World
Society, The Universe
noun
The generations (and society!) that make up the world create our world. So this is the World, society, or the Universe.
This word is used more like "the biggest dog in the world" or "the fattest cat in the world." For example, you'll hear words like 世界一番 (number one in the world) thrown around a lot.
せかい
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.
しかし、この世界にはどちらもありません。
However, neither of them exist in this world.
ふじ山は世界いさんにとうろくされています。
Mt. Fuji is registered as a World Heritage Site.
あいつは自分の世界に閉じこもっていて、そこから出てこようとしないんだ。
He lives in his own world and doesn’t want to leave it.