The word "present" has multiple meanings in English:
1. As a noun: a gift (e.g. "birthday present")
2. As a noun: the current time (e.g. "living in the present")
3. As a verb: to introduce or show something (e.g. "present your ideas")
4. As an adjective: existing or occurring now (e.g. "present situation")
5. As an adjective: being in a particular place (e.g. "all members present")
Fun fact: The word "present" comes from Old French "present" and Latin "praesent-", meaning "being at hand".