Albeit means "although" or "despite", showing that one thing happens or is true even though another thing is also true. It's like saying "I love my new job, albeit it can be tiring at times."
When you use the word "albeit", you're often trying to balance two ideas in your mind. For example, you might say, "I'm really enjoying this trip to Europe, albeit it's been raining nonstop." Here, you're acknowledging that it's a bit of a downer that it's raining, but you're not letting that ruin the rest of the experience. You could also use "albeit" in a sentence like "I love my noisy neighbors, albeit they can be really loud at 3 am." In this case, you're showing that despite their noise being a problem, your affection for them wins out.
Although, despite (it) being.
