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reside (v.)

late 15c., "to settle," from Middle French resider (15c.) and directly from Latin residere "sit down, settle; remain behind, rest, linger; be left," from re- "back, again" (see re-) + sedere "to sit," from PIE root *sed- (1) "to sit." Meaning "to dwell permanently" first attested 1570s. Related: Resided; residing. Also from the French word are Dutch resideren, German residiren.

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Definitions of reside from WordNet

reside (v.)
make one's home in a particular place or community;
may parents reside in Florida
Synonyms: shack / domicile / domiciliate
reside (v.)
live (in a certain place);
She resides in Princeton
Synonyms: occupy / lodge in
reside (v.)
be inherent or innate in;
Synonyms: rest / repose
From wordnet.princeton.edu