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Definition of futa:
(n) :
(US, finance, by extension) The Federal unemployment tax collected under that act.
(n) :
(slang) Clipping of futanari. [(uncountable, Japanese pornography) A genre of Japanese pornography featuring attractive intersex or hermaphroditic characters, usually female characters with a penis and sometimes testicles.]
(n) :
(US, law) Acronym of Federal Unemployment Tax Act.