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.
Federal Surplus. Definition. The federal government's budget surplus; that is, the extent to which government revenues exceed government spending. Use Federal Surplus in a sentence. â You should try and figure out if there is a federal surplus and forecast how that may effect the market place.