eka - first; bhukti - material enjoyment by doing something; kahe - is known; bhoga - enjoyment; ananta-prakāra - unlimited varieties; siddhi - the yogic perfections; aṣṭādaśa - eighteen in number; mukti - liberation; pañca-vidhā-ākāra - five varieties.

“First we take the word ‘bhukti’ [‘material enjoyment’], which is of unlimited variety. We may also take the word ‘siddhi’ [‘perfection’], which has eighteen varieties. Similarly, the word ‘mukti’ has five varieties.