| n. 1.  a.  A flexible bag designed to be inflated with hot air or with a gas, such as helium, that is lighter than the surrounding air, causing it to rise and float in the atmosphere. b.  Such a bag with sufficient capacity to lift and transport a suspended gondola or other load. c.  Such a bag shaped like a figure or object when inflated; an inflatable. 2.  A usually round or oblong inflatable rubber bag used as a toy or decoration. 3.  Medicine   An inflatable device that is inserted into a body cavity or structure and distended with air or gas for therapeutic purposes, such as angioplasty. 4.  a.  See  speech bubble. b.  See  thought bubble. 5.  A balloon payment. v.  bal·looned, bal·loon·ing, bal·loons  v.intr. 1.  To ascend or ride in a balloon. 2.  To expand or swell out like a balloon. See Synonyms at  bulge. 3.  To increase or rise quickly: expenses ballooning out of control. v.tr.  To cause to expand by or as if by inflating: unforeseen expenditures that ballooned the deficit. adj.  Suggestive of a balloon, as in shape: balloon curtains. [French ballon, from Italian dialectal ballone, augmentative of balla, ball, of Germanic origin; see  bhel-2 in the Appendix of Indo-European roots.] bal·loonist n. | 
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