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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.
In its broadest sense, and often simplified as early puberty, precocious puberty sometimes refers to any physical sex hormone effect, due to any cause, occurring earlier than the usual age, especially when it is being considered as a medical problem.