The Collaborative International Dictionary of English v.0.48:

Reside \Re*side"\ (r?-z?d"), v. i. [imp. & p. p. Resided; p.
   pr. & vb. n. Residing.] [F. r['e]sider, L. residere; pref.
   re- re- + sedere to sit. See Sit. ]
   1. To dwell permanently or for a considerable time; to have a
      settled abode for a time; to abide continuosly; to have
      one's domicile of home; to remain for a long time.
      [1913 Webster]

            At the moated grange, resides this dejected Mariana.
                                                  --Shak.
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            In no fixed place the happy souls reside. --Dryden.
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   2. To have a seat or fixed position; to inhere; to lie or be
      as in attribute or element.
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            In such like acts, the duty and virtue of
            contentedness doth especially reside. --Barrow.
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   3. To sink; to settle, as sediment. [Obs.] --Boyle.
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   Syn: To dwell; inhabit; sojourn; abide; remain; live;
        domiciliate; domicile.
        [1913 Webster]

WordNet (r) 3.0 (2006):

reside
    v 1: make one's home in a particular place or community; "may
         parents reside in Florida" [syn: reside, shack,
         domicile, domiciliate]
    2: live (in a certain place); "She resides in Princeton"; "he
       occupies two rooms on the top floor" [syn: occupy,
       reside, lodge in]
    3: be inherent or innate in; [syn: rest, reside, repose]