Top Definition
Slang for what a military member gets when using 'Don't Ask, Don't Tell' to get out of military service by being or pretending to be homosexual.
'Hey, did you hear? Jake got out with a Rainbow Chit.'
'I didn't know Jake was gay.'
'He's not. But the Captain doesn't know that.'
by Saeshia August 27, 2009
7 Words related to Rainbow Chit

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