Longman Dictionary of Contemporary English homepage

Date: 1300-1400
Origin: hove 'to float in the air or on water' (13-17 centuries)

hover

verb
     
hov‧er [intransitive]
1 if a bird, insect, or helicopter hovers, it stays in one place in the air
hover over/above
flies hovering above the surface of the water
2 to stay nervously in the same place, especially because you are waiting for something or are not certain what to do:
Her younger brother hovered in the background watching us.
hover around/about
I noticed several reporters hovering around outside the courtroom.
3 [always + adverb/preposition] if a level, price etc hovers around a certain amount, it stays close to that amount, only changing slightly up or down
hover around/between etc
The dollar has been hovering around the 110 yen level.

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