waterballoon 

A secret codeword for condoms, used in times when the word condom is not suitable for use. Such as in the company.

John: Hey, you got the 'waterballoons'.
Matt: Oh yeah!

waterballoon by Digital Native November 23, 2009

waterballoon 

when an uncircumsized male pulls the foreskin of his dick over his knob and starts to pee. the foreskin then inflates to a decent size (about a handful)thus resembling a waterballoon. although rare, this is single handedly the most disgusting and humerous thing ever created

"gebraldo decided to scare his girlfriend into thinking he had a terminal tumor located on the knob of his cock. So he whipped it out and waterballooned that shit"

waterballoon by 2 Fresh June 15, 2008

Waterballoon 

While having a hot docking session, you have the other guy pee inside your penis and then undock, you then quickly pinch your foreskin in order to make your penis look like a waterballoon.

While Marcel and I were docked, Marcel had to pee, and he wanted to undock, so i said hey foob just waterballoon me.

Waterballoon by spiderlurk3r August 4, 2009

waterballoon 

a condom found in the girls locker room in med high during pe...=]

Would you like a waterballoon??

waterballoon by audgee January 5, 2008

waterballoon-pantaloons 

1. gym / fitnes center user that sweats excessively from the posterior of their shorts to the point where it resembles the locale of a post-waterballoon fight.

Jeff's waterballoon-pantaloons were so extreme i was waiting for a raft full of Haitians to fall out of his shorts.

waterballoon-pantaloons by wandasiewicz December 15, 2003

Ukrainian Waterballoon

When an uncircumcised man squeezes his foreskin over the tip of his penis and starts to urinate causing his closed foreskin to fill up like a water balloon

"Yo i got bored while I was pissing last night so I gave myself a Ukrainian waterballoon"

Ukrainian Waterballoon by Direngreyeduardo June 4, 2017

Venezuelan Waterballoon 

VerbThe act of multiple persons ejaculating into a sock, and hurling it at another person/persons.

Noun A sock filled with human ejaculate intended for hurling at a person/persons.

Frederick: Dude, Can I borrow a sock?

Jimmy: What for?

Frederick: Me and the guys are gonna Venezuelan Waterballoon Theresa... That bitch

Jimmy: Why?

Frederick: She's just a bitch.

Jimmy: Use one of your own.

Frederick: I already used mine giving Kelli and Jamie Sacremento Sluggers.

Venezuelan Waterballoon by Drew Cavner October 25, 2007