Prajahaati yadaa kaamaan - Selected Verses of Bhagavad Gita: Chapter 02, Verse 55

'Selected Verses of Bhagavad Gita' recounts only selected verses of The Gita, which Krishna has said as it is.

Bhagavad Gita: Chapter 02, Verse 55

English:

Prajahaati yadaa kaamaan sarvaan paartha manogataan
Aatmanyevaatmanaa tushtah sthitaprajnyastadochyate

Sanskrit: 

प्रजहाति यदाकामान् सर्वान पार्थ मनोगतान् 
आत्मन्येवात्मना तुष्ट: स्थितप्रज्ञस्तदोच्यते

Oriya: 

ପ୍ରଜହାତି ଯଦାକାମାନ୍ ସର୍ବାନ୍ ପାର୍ଥ ମନୋଗତାନ୍
ଆତ୍ମନ୍ୟେବାତ୍ମନା ତୁଷ୍ଟହ ସ୍ଥିତପ୍ରଜ୍ଞସ୍ତଦୋଚ୍ୟତେ

Selected word meaning:
prajahaati - gives up, yadaa - when, kaamaan - desires for sense gratification, sarvaan - all, partha - O son of Pritha (O Arjuna), manah gataan - produced within mind, atmani - in the pure state of the soul, eva - certainly, atmanaa - by the purified mind, tushtah - satisfied, sthita prajnah - sthita prajnah - steadily situated in perfect knowledge, tada - at that time, uchyate - is said

Translation:
O Arjuna, when a man gives up  all the desires for sense gratification produced within mind and is satisfied in the Self by the Self, then he is said to be a Sthitaprajnya (who is steadily situated in perfect knowledge).

Sources:
Sermons of Gita in Mahavarat by Sri B. R. Chopra
Sermons of Gita in Sri Krishna by Sri Ramanand Sagar
Bhagavad Gita by Sri Swami Sivananda of Divine Life Society
Bhagavad Gita As it Is by Sri Swami Prabhupada of ISKCON