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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.



UGMA is what you say when your mother tells you to go wash your face. It is also the acronym for Uniform Gift to Minors Act which is a law that was enacted in the '70s which set out the code under which minors can receive gifts from others and the taxes they'll pay for the privilege.