to be, to exist (polite form of いる/ある)
This is a very polite way to say 'to be' or 'to exist,' used in formal speech and writing.
ございます is a humble and polite form of ある (to exist) and です (to be). It is used in very formal situations such as business speech, announcements, or when speaking to customers or superiors. For example, instead of saying あります, you might say ございます to be extra polite. For nouns and na-adjectives, use でございます: こちらは会議室でございます. For i-adjectives, use the く-form plus ございます: ありがとうございます (from ありがたい). Note that ございます is not used for people or animals; for living things, you use おります or いらっしゃいます in polite speech.