Crossword Genius

President's event (7)

Ross

I believe the answer is:

madison

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This might be a double definition.

'president's' is the first definition.
(James Madison, fourth president of the USA)

'event' is the second definition.
Although both the answer and definition are singular nouns, I cannot understand how one could define the other.

Can you help me to learn more?

(Other definitions for madison that I've seen before include "US president - New York square with gardens" , "NY avenue associated with the advertising industry" , "US president, county and square" , "James, fourth US president" , "4th president of the US - capital of Wisconsin" .)

I've seen this clue in The Daily Express.
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