Chapstick for the balls. Usually in a roll on package. Lubricates the scrotum.
Joe: "Damn! My balls are dry!"
Bob: "Its okay, I have some extra ball balm, just rub some on."
by Dr. McAwesomeBerg August 11, 2009
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A balm applied to the ball bag or other areas for relief from virtually any symptom. also used as a phrase inserted quickly (or even slowly) into a conversation in an attempt to trick the listener into not hearing or recognizing that the phrase was even uttered
Hey Paul! My sac is really burning and itching today. Is there a chance you have some Ball Bag Balm I could use?
by Reidp3 August 14, 2006
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