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				<link:definition>01001 - Document - Document and Entity Information {Elements}</link:definition>
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				<link:definition>01002 - Document - Risk/Return Summary (T. Rowe Price Balanced Fund, Inc.) {Unlabeled}</link:definition>
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				<link:definition>01003 - Disclosure - Risk/Return Detail Data (T. Rowe Price Balanced Fund, Inc.) {Elements}</link:definition>
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				<link:definition>01004 - Schedule - Shareholder Fees</link:definition>
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				<link:definition>01005 - Schedule - Annual Fund Operating Expenses</link:definition>
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				<link:definition>01006 - Schedule - Expense Example</link:definition>
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				<link:definition>01008 - Schedule - Average Annual Total Returns {Transposed}</link:definition>
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				<link:definition>01009 - Schedule - Risk Table {Transposed}</link:definition>
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