The word is Leben, not leiben (not a German word to my knowledge).

And it is not to be confused with the verb, leben, which is not capitalized. Nouns in German are always capitalized.

Sitz im Leben

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DAVIDIVS DOCTVS VTRIVSQVE LINGVAE
Husband of Emilia
Member: First Reformed Presbyterian Church of Durham (RPCNA) - Durham, NC
Currently in the process of transferring membership to an as-yet-undecided church in Chapel Hill
Student: University of North Carolina at Chapel Hill, German Literature and Classics