word-forming element meaning "old," from Greek presby-, combining form of presbys "elderly, aged," as a noun, "elder, old man," which is of uncertain and much debated origin and phonetic development (some Doric forms have -g- in place of -b-). The first element is likely *pres- "before, in front" (from PIE root *per- (1) "forward," hence "in front of, before, first"). Perhaps the whole originally meant "one who leads the cattle," from the root of bous "cow." Watkins, however, has it from PIE *pres-gwu- "going before," with second element from root *gw-u- "going," a suffixed form of root *gwa- "to come."
It is the hypothetical source of/evidence for its existence is provided by: Sanskrit akshi "the eye; the number two," Greek osse "(two) eyes," opsis "a sight;" Old Church Slavonic oko, Lithuanian akis, Latin oculus, Greek okkos, Tocharian ak, ek, Armenian akn "eye."
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Definitions of presbyopia from WordNet
a reduced ability to focus on near objects caused by loss of elasticity of the crystalline lens after age 45;