Meaning of “present” - Learner’s Dictionary

present

noun uk us /ˈprezənt/
the present

B1 the period of time that is happening now:

Let's talk about the present.
The play is set in the present.

A1 the form of the verb which is used to show what happens or exists now

A2 [ C ] something that you give to someone, usually for a particular occasion:

a birthday/wedding present
to give someone a present
Did you get many presents?
at present

B1 now:

At present she's working abroad.

(Definition of “present noun” from the Cambridge Learner’s Dictionary © Cambridge University Press)