Present

adj. Now existing; at hand; relating to the present time; considered with reference to the present time.

— Present enjoyment. The immediate or present possession and use of an estate or property, as distinguished from such as is postponed to a future time.

— Present estate. An estate in immediate possession ; one now existing, or vested at the present time; as distinguished from a future estate, the enjoyment of which is postponed to a future time.

— Present Interest. One which entitles the owner to the immediate possession of the property. Civ. Code Mont. 1895, § 1110; Rev. Codes N. D. 1899, § 3288; Civ. Code S. D. 1903, § 204.

— Present use. One which has an immediate existence, and is at once operated upon by the statute of uses.

n. A gift; a gratuity; anything presented or given.