The verb manage is used several different ways. One can manage stress, manage to get by, or manage a business. The last example, in which manage means broadly "to be in charge of," is the closest to preside. To preside is to exercise management or control, the way a lawyer might over an estate or a president over a country during a specific event or time period. The verb's similarity to the word president is no coincidence: the two terms come from the same Latin verb (praesidēre "to preside over," literally, "to sit in front of"). Preside is also used to talk about occupying a place of authority, as in an assembly or meeting: when you preside over a meeting, you are acting as the person in charge.