The strict meaning is of course "at the present moment," "instantly," and the modern force "after a short interval" is due simply to the procrastinating habits of mankind; hence, the Revised Version (British and American) modifications of the King James Version use of the word into "immediately" (Matthew 21:19), "even now" (Matthew 26:53), and "forthwith" (Philippians 2:23). In Proverbs 12:16, the uncertainty of the meaning (margin "openly," Hebrew "in the day") has led to the retention of the King James Version word.

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Bibliography Information
Orr, James, M.A., D.D. General Editor. "Entry for 'PRESENTLY'". "International Standard Bible Encyclopedia". 1915.