preside meaning
ENFR préside 
- VerbSGpresidesPRpresidingPT, PPpresidedPREpré-SUF-side
- (intransitive) To act as president or chairperson.
- (intransitive) To exercise authority or control, oversit.
- (intransitive, music) To be a featured solo performer.
- (intransitive) To act as president or chairperson.
- More Examples
- Used in the Middle of Sentence
- Notoriously, Barry Fry spent nine years from 1996 to 2005 as chairmanager of Peterborough United, presiding over one promotion and two relegations.
- Used in the Middle of Sentence
Definition of preside in English Dictionary
- Part-of-Speech Hierarchy
- Verbs
- Intransitive verbs
- Intransitive verbs
- Verbs
- en president
- en presidency
- en presidential
- en presidents
- en presided
Source: Wiktionary
Grammatically, this word "preside" is a verb, more specifically, an intransitive verb.