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Precocious would be a toddler who can read. The definition of precocious is a person who is more developed or more mature than expected for their age. An example of precocious is a two year old being able to read. precocious. precocious.
[more precocious; most precocious] of a child. : having or showing the qualities or abilities of an adult at an unusually early age. She was a precocious child who could read before she went to school. A precocious musician, he was giving concerts when he was seven.