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The act of deep dunking your balls in another's mouth. Similar to tea bagging but globulated balls are in deep....very deep.
Kate: "I was choking on your nuts there darling."
Steve: "Sorry love, I just had an overpowering urge to globulate!"
by Beadle's Pen May 03, 2010
To form a glob*

* AKA a blob
"My biro is so shit all the ink globulate's at the end"
by Twigger Nob Neck February 22, 2008