Oogatz

It means Nothing in Italian Slang, usually used in an execerbated tone.

You owe me 100 dollars! No I dont, I owe you oogatz! (as in I owe you nothing)

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oogatz

also spelled Ougatz. Means nothing, nada.

"My house? not in my name. My car? not in my name. my bank accounts? not in my name. you know what you got on me? oogatz."- from the movie 54

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