Riddles

it's a compound word. when it is one word it describes something as not being found. when it is two words, it describes something has being now present.
 
this is a bit poorly worded:

What common English word will describe a person or thing as not being found in any place and yet with no changes other than a space between syllables, will correctly describe that person or thing as being actually present at this very moment?

The answer is: Lost and found
 
This is one clever riddle.

Five hundred begins it, five hundred ends it, Five in the middle is seen; First of all figures, the first of all letters, Take up their stations between. Join all together, and then you will bring Before you the name of an eminent king. What's the name of the King?
 
For the first part:Five hundred begins it, five hundred ends it, Five in the middle is seen.
Think about letters that represent numbers.

For the second part: First of all figures, the first of all letters.
think about talking in the first person, then think about the alphabet
 
All right...

The one who makes it doesn't want it,
The one who buys it doesn't use it,
The one who uses it doesn't know it.

What is it?
(Sorry if you've all seen this one before...I think it's pretty common.)
 
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