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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
oogatz by Mike Goulis March 11, 2008
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Derived from an Italian expression used to describe someone/thing as "nuts/crazy/insane, etc." Frequently heard on "The Sopranos."
"Whenever I try and explain to my scenester girlfriend that it's much cooler to NOT have a myspace account, she looks at me like I'm fucking oobatz."
oobatz by Shorty 9Toes July 5, 2005