Often seen wrapping the present? (5)
I believe the answer is:
tense
'the present?' is the definition.
(present tense)
'often seen wrapping' is the wordplay.
'wrapping' says the answer is hidden in the clue.
'TENSE' is hidden in the letters of 'often seen'.
(Other definitions for tense that I've seen before include "imperfect, perhaps?" , "Anxious, nervous" , "Worried" , "Future perfect? Could be" , "Charged" .)