Commentary: the period of time that is happening now; any continuous stretch of time including the moment of speech
That is enough for the present.
He lives in the present with no thought of tomorrow.
WordNet 2.0 Sense Numbers: 1
Commentary: something presented as a gift
His tie was a present from his wife.
WordNet 2.0 Sense Numbers: 2
Commentary: a verb tense that expresses actions or states at the time of speaking
Beginners always learn to conjugate verbs into the present, at first.
Even the present tense conjugations can look strange for irregular verbs.
WordNet 2.0 Sense Numbers: 3