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Rainbow Bag 

A plastic grocery (liquor store/beer store) bag filled with every flavor of Four Loko which come in many assorted color cans therefore making the bag look like a rainbow. Four Loko is constantly releasing new flavors so it is hard to keep up with them all which is why a rainbow bag only needs to have at least all 5 of the "original" flavors : Fruit Punch, Orange, Uva (Grape), Watermelon, and Blue Raspberry. Watermelon and Blue Raspberry were not "original" flavors but are the 2 oldest flavors that weren't launched with the company.
John: What did you get man?
Tim: Got us a fucking rainbow bag!
John: Oh fuck, good looks son, were gettin' wasted tonight.
Rainbow Bag by ajnjc May 18, 2010
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Rainbow Patrol

Someone homo-sexual in the military.
Girl 1: That guy was hot, think he would go on a date with me?

Girl 2: No he's gay.

Girl 1: Oh must be tough being in the military.

Girl 2: He's in the Rainbow Patrol.
Rainbow Patrol by xMoonRazorx February 24, 2011

Rainbow Falls 

A waterpark which may sound for gay people, but it has the coolest lifeguards on the planet. They are cool, fun and very hawt. They can be sassy at times, but overall rainbows is the PLACE TO BE IN SUMMER.

these lifeguards were certified by Jeff Ellis himself!

...oh and also has the coolest and chillest mangers ever
LETS GO TO RAINBOW FALLS DUDE TO CHECK OUT LIFEGUARDS DUDE!
Rainbow Falls by sighrah April 8, 2011

Rainbow Ride 

When you need to take several different London underground lines to get to your destination rather than the usual one due to either breakdowns, engineering works etc. Like taking the Victoria, Central, Piccadilly, Jubilee and Circle & District (making it blue, red, navy, silver, yellow and green)
I had to a right 'Rainbow Ride' into work today on the tube today - I had to change trains 4 times!
Rainbow Ride by SazzleSparkler November 28, 2012

Rainbow Raver

A male faggoty homo raver who drinks glowstick fluid and is a total ass. The often brag about all the rainbows they wear, they often dye their hair rainbow colors. Their female counterpart is the glitter raver
Person 1: hey dudes! There's a party at Jill's house tonight!

Person two: awesome!

Rainbow raver: HEY I WANNA COME HEY HEY HEY I WANNA RAVE!

Both persons: AHHH! A rainbow raver!
Rainbow Raver by Hetaw October 2, 2013

rainbow rage 

The rage expressed from seeing too many rainbows.

This is especially prominent among homophobic individuals who express their frustration at seeing too many rainbows through angry words or violent behaviour targetting the lesbian, gay, bisexual, and transgender (LGBT) community as a whole, or its individuals.
Oh no, that man just ripped up a gay pride flag. He's got a major case of rainbow rage.
rainbow rage by Synna July 10, 2015

rainbow pizza 

the gay sex position of when two men eat each others asses
'dude, me and ted had the best rainbow pizza last night.'
rainbow pizza by lmfaolwtgay November 29, 2015