present

A gift; a gratuity; anything presented or given

present, adj

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

See also presentment

@ present ability

As used in describing an element of the crime of assault, it means immediate or a point near immediate as regards the defendant's capacity to inflict harm. People v. Hanson, 40 Cal.App.3d 317, 114 Cal. Rptr. 874, 877

@ present conveyance

A conveyance made with the intention that it take effect at once and not at a future time

@ present danger test

See clear and present danger doctrine

@ 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. A "present interest", as distinguished from a future interest for purpose of federal gift tax annual exclusion, denotes a present right to realize, enjoy or use donated property. Duffey v. U. S., D.C.Minn., 182 F.Supp. 765, 767.

An interest in property is a "present interest" if the donee has the right presently to use, possess, or enjoy it. Gilmore v. C. I. R., C.A. 6th, 213 F.2d 520, 521

@ present sale

A sale which is accomplished by the making of the contract. U.C.C. No. 2-106(1)

@ present time

A period of appreciable and generally considerable duration within which certain transactions are to take place

@ present use

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

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