The rejoicers, holding present (4)

I believe the answer is:

here

'present' is the definition.
(both can mean in attendance)

'the rejoicers holding' is the wordplay.
'holding' indicates a hidden word.
'HERE' is hidden in the letters of 'the rejoicers'.

(Other definitions for here that I've seen before include "In this place - present" , "Present - at this point" , "On this spot" , "In attendance" , ""___ be dragons" (old map inscription?)" .)

I've seen this clue in The Daily Express.

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