a swarthy, unkempt beard, named after Bob Balaban, the gentleman in Close Encounters of the Third Kind that does some stuff and helps some people.

Also can be used to name a person who sports a Balaban.

Also of note, one can be guilty of pulling a Balaban.
"Damn, was that a guinea pig that just fell out of his Balaban?"

"Hey Balaban, you got a guinea pig in your soup."
by Toastmaster Flash November 10, 2006
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performing an action that is moderately bum-like, in honor of the bearded gentleman in Close Encounters of the Third Kind, Bob Balaban.
"I had a job interview and couldn't find the office building, so I stopped in a local parking lot and took a nap."

"Dude, you totally pulled a Balaban."
by Toastmaster Flash October 5, 2006
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1.) A diminutive character actor known for playing awkward intellectuals in stylish glasses, especially in the films of indie auteurs such as Christopher Guest, Wes Anderson, etc.

2) The act of placing a dildo into a freezer to chill it, covering it in a butterscotch-flavored condom and slurping away on it like a popsicle while you watch TV, especially after feeling un- or under appreciated by the average American cinema goer.
Steve: You trying to hit the club tonight?

Charles: When the only outlet that understands me is the New Yorker? Fuck that. Ima Bob Balaban tonight.
by TheBobBalaban March 3, 2022
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