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.
government deficitnoun [ C, usually singular ] uk â us â GOVERNMENT, ECONOMICS. âº the amount by which a government's spending is more than the money it receives: The government deficit is expected to reach 4.8% this year. Compare.