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1.
A derogatory term for a homosexual
Whoa look at those two on the bed, Yeah hes a colon cowboy and so is he.
by the crazy man March 07, 2008
 
2.
A male who actually prefers anal sex over any other form, with either male or female.
That guys a colon cowboy, he always talks about fucking people in the ass.
by BeasterBastard October 12, 2005
 
3.
A term to describe a homosexual male.
Referers to the act of riding another man ass like a horse. hence making it cowboy like.
Province Town is filled with Colon Cowboys.
by PCFAHQ May 19, 2005