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balconing 

Jumping from a balcony to a pool below. Or missing...
We were balconing when Jimmy cracked his head open on the pavement
balconing by balconer August 15, 2010

water ballooning 

the act of holding your foreskin closed while urinating so it fills up like a water balloon
Jake: Hey David what are you doing tonight?
David: Nothing probably just going to sit in the shower and do some water ballooning

hot air ballooning 

A euphemism for "getting high", aka smoking marijuana. As defined by the comedian Throwing Toasters, referring to The Pheromones singing a cover of the song "High" by Feeder. It was a very funny night!
Where did Michael go? Oh, he's out hot air ballooning with his friends... Don't wait up 'cause he won't be home today.
hot air ballooning by izzygalvez January 29, 2009

Hot Ballooning 

The art of stuffing one's balls into someone else's ass, allowing the anus to grip firmly down on the nut sack. Similar to tea bagging, but instead of dipping one's nuts into the recipient's mouth, the more difficult task of cramming them up one's ass is excecuted. Appreciated for it's snugness as well as warmth - a rare act, and one to be cherished for it's degree of difficulty. Also known in some circles as "N in da A" (Nuts in the Ass).
"Damn Tron - you clowning dat bitch out! - stuffin' dem nutz in her ass - hot ballooning dat shit out!"

"Why you walking funny James?... James responds, "shit nug - I's gots my ass hot ballooned last night by Tyrone again - hurts like a mutha fucka!"
Hot Ballooning by Victa E August 21, 2006
The most retarded way someone could ever misspell the word bologna.
Mommy, I want some balloni please!
Balloni by James M. July 3, 2006

The Ballooning Effect 

When you rip a huge fart and you can visibly see your pants or underwear balloon outwards.
Man, Karen tried to rip a silent fart but it didn't matter because we could all see the ballooning effect.