What does the cryptic crossword clue "Wise man wrapping present (7)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

Wise man wrapping present (7)

Times Sunday #5165 | 26 Across | 2025-05-25 flower

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Independent Cryptic #11599 (2023-12-14)