Save Gender Masculine Usage Swedish Pronounced Pron. /ˈkɜːrnɪɡsɛɡ/ [key·simplify] Meaning & History in swedish, "koenigsegg" is a compound word derived from "könig," meaning "king" and "segg" which relates to "path" or "way". therefore, koenigsegg can be interpreted to mean "king's path" or "royal road".