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1.
When one gay male showers another gay male with cash while having intercourse.
I walked in on my roomate baulin some strange guy last night. He was making it rain on dat hoe.
by George Knights of Columbus September 27, 2007
 
2.
A step below ballin; Made popular by the members of the Honda-Tech.com General Discussion and Debate forum, who created the phrase when the moderator known as BauleyCivic posted a picture of himself making it rain with $1 bills.
"Damn, Rguy has an E55! He must be ballin!"

"No, he has 15 roommates. He's just baulin."
by vtecvoodoo October 01, 2007