From The Collaborative International Dictionary of English v.0.48 [gcide]:
1. To be set, or to sit, in the place of authority; to occupy the place of president, chairman, moderator, director, etc.; to direct, control, and regulate, as chief officer; as, to preside at a public meeting; to preside over the senate.
From WordNet (r) 3.0 (2006) [wn]:
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www.FreeWorldBank.org on Amazon S3
Eye and Pyramid BANKING REFORM CHALLENGE