One may be wrapped up here (7)
I believe the answer is:
present
'here' is the definition.
(similar in meaning)
I can't explain the remainder of the clue.
Can you help me to learn more?
(Other definitions for present that I've seen before include "A Christmas gift" , "in a particular place" , "Reveal < a gift" , "something not seen under a tree every day" , "gift > offer" .)