Dace definition: A dace is a type of fish that lives in rivers and lakes . | Meaning, pronunciation, translations and examples English Dictionary | Thesaurus | Translator | Grammar | Scrabble | Blog English
A budgetary situation when the expenses incurred by the government are over and above the tax revenues taken in. Also called Federal Debt.
Budget Deficits and Interest Rates: What Is the Link? The Office of Management and Budget in February released the president's projections for the federal budget, which included an estimated federal budget deficit of $521 billion for fiscal 2004.