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Slang: synonomous with asshole. Mainly because a normal tight sphincter resembles the inside of a knot made on a baloon.
Hey ... last night I popped her right in the baloon knot.
by Joey Provalone January 24, 2003
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Jun 14 Word of the Day
Referring to women who are sexually or romantically attracted to other women. Applies to both lesbians and bisexual women, as it is only the same-sex attraction that matters, not any other attractions the women may have.

Originates from the Greek poet Sappho, a bisexual woman from the Isle of Lesbos, from which we get the term lesbian.
The sapphic women greatly enjoyed each others company.
by whatisdead June 25, 2015
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2
Noun: slang for anus. Just look at an inside out baloon and you will understand.
My dog must have worms because he is dragging his baloon knot across the floor!
by EugeneGoldman October 25, 2007
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3
An asshole... a tied baloon looks like the human asshole.
My woman has a tight brown baloon knot.
by d0c March 17, 2008
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