The result of one's trouser trout or slimy swimmer to be covered in multiple colors of the rainbow after a lass and her friends have each taken a turn slobbing on the knob with various shades of lipstick on.
Typically, the owner of said rainbow trout has no recollection of the events during or after the rainbow party. This is because large quantities of alcohol and/or other substances are enjoyed during.
"Did you see Ted's rainbow trout? It took three early load drops but they got every color lip-painted like champs!"
1. a funny name to call your teachers.
2. (edible) nuts that are colored rainbow.
2. ballsacks that are rainbow colored.
4. a kneeslapping inside joke to share with your friends.
When a large woman, preferrably black to be politically correct, has a group of men, each wearing a different colored condom, all pleasing her fish at the same time. Such an act must be done for her to recieve pleasure, as a normal penis would not supply nearly enough meat to fill her fish.