位 means “rank, place”

い · i

Also: grade, throne, crown

Kun'yomi (Japanese reading)
くらい, ぐらい
On'yomi (Chinese reading)
イ

JLPT N3 · Taught in grade 4 · 7 strokes

The story

A person (亻) standing (立) in an assigned spot: position and rank. 1位 is first place in any ranking, 位置 is a location, and 単位 are both units of measure and the credits a Japanese university student collects.

Used in 順位 (jun'i, ranking), 位置 (ichi, position), and 単位 (tan'i, unit/credit)

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Readings from KANJIDIC2, © EDRDG, CC BY-SA.