inflate vs balloon

inflate is not a noun while balloon is a noun.

Word	Noun	Adjective	Verb	Adverb
inflate	No	No	Yes	No
balloon	Yes	No	Yes	No

As verbs, inflate and balloon are synonyms defined as:

Other synonyms of inflate include billow.

inflate (noun)	balloon (noun)
	large tough nonrigid bag filled with gas or heated air
	small thin inflatable rubber bag with narrow neck

inflate (verb)	balloon (verb)
fill with gas or air	become inflated
exaggerate or make bigger	ride in a hot-air balloon
become inflated
increase the amount or availability of, creating a rise in value
cause prices to rise by increasing the available currency or credit