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1.
Acronym for "Fucked Up The Ass"
Hey babe, ya walking a little funny. Did ya get FUTA?
by Eddy March 18, 2007
 
2.
Noun-- A term pioneered by Frank Zappa in one of his interviews. Nobody really knows what a futum is, but as far as his fans can tell, a futum is most likely:

-A child or the amalgamation of a society's thoughts or ideas
-The center of attention
-Interviewee
-Fetus

It is widely debated amongst the uneducated Zappa fans. There's most likely a past reference or use of the term which we may have missed in one of his songs, but as far as the Zappa fandom can tell, it's merely the result of him living with a bioweapon engineer.
"Whether you like it or not, I am your futum!"
by DeusExMagna November 20, 2005
 
3.
short for futanari, which, in the hentai community, is a dick girl. A being that has the body of a female and the genetelia of a stallion.
Nice tits, i think as I scroll down, but since she was a futa, my perversion soon turned to envy.
by kostya July 05, 2005
 
4.
Federal Unemployment Tax Act.
According to the IRS, "The Federal Unemployment Tax Act (FUTA), with state unemployment systems, provides for payments of unemployment compensation to workers who have lost their jobs."
Did you pay those FUTA taxes?
by Jerr0328 April 15, 2009