[huhv-er, hov-]
verb (used without object)
to hang fluttering or suspended in the air: The helicopter hovered over the building.
to keep lingering about; wait near at hand.
to remain in an uncertain or irresolute state; waver: to hover between life and death.
the act or state of hovering.

1350–1400; Middle English hoveren, frequentative of hoven to hover < ?

hoverer, noun
hoveringly, adverb

1. See fly1. 3. falter, pause, fluctuate.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
hover (ˈhɒvə)
1.  (intr) to remain suspended in one place
2.  (intr) (of certain birds, esp hawks) to remain in one place in the air by rapidly beating the wings
3.  (intr) to linger uncertainly in a nervous or solicitous way
4.  (intr) to be in a state of indecision: she was hovering between the two suitors
5.  (tr) computing to hold (the mouse pointer) over a defined area on a web page without clicking, in order to cause a menu, information box, etc to appear
6.  the act of hovering
[C14: hoveren, variant of hoven, of obscure origin]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Word Origin & History

c.1400, hoveren, frequentative of hoven "hover, tarry, linger" (mid-13c.), of unknown origin, chiefly nautical at first, of ships standing off a coast. Hovercraft first attested 1959; a proprietary name after 1961.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
When it was over, the doctors hovered anxiously over him.
It has hovered around this mark for the past few months, which has led some
  pundits to describe his presidency as on the brink.
The spiral fairly hovered above the landscape, its boundaries of piled rock
  etched in sharp relief.
The area covered by sea ice hovered near its historic low this summer.
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