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Rusty rainbow 

n. When a younger homosexual man is penetrated from both ends (e.g. spitroasted) by two considerably older gentlemen.
"Bruce and Peter sure gave Steve the ol' rusty rainbow Friday night at Cameron's Audrey Hepburn party. I heard they broke the handicapped toilet bar and were snorting crushed viagra off Steve's back!"
Rusty rainbow by dcdenizen May 8, 2016

Ride the Rainbow

To "Ride the Rainbow" is simply defined as taking a very low or moderate dose of several goverment banned narcotic drugs with the consumtion of alcohol. The controlled substances along with the alcohol each represent a color of the rainbow and its joyous feeling that comes along with it. In a few and some rare cases those that overdose on the act of "Ride the Rainbow" are coined as the ones that have found the pot of gold at the end of the rainbow. PLEASE NOTE, to "Ride the Rainbow" the consumption of each drug MUST be on the LOW to MODERATE side at the very best, doing anything more is simply....madness.
Steve: Hey after we finish these beers lets take a couple hits of Chronic.

Jerry: OK, but ONLY if you also take half of this E-Tab with me.

Steve: DEAL, looks like we are going to "Ride the Rainbow" tonight!
Ride the Rainbow by Stevosdoor March 7, 2011

bloody rainbow 

When you give a girl face when she is on her period
"Baby come here and give me a Bloody Rainbow"

Gray Rainbow 

A reference to a person's or an object's bland characteristics.
"That kid is such a gray rainbow."
Gray Rainbow by Fulki Novak June 18, 2016

Water Rainbow 

Metaphorically meaning "Natural Happiness". Since water is a pure and natural substance and a Rainbow symbolizes happiness than combining the words is just a metaphor for Natural Happiness. So being on a Water Rainbow basically means that you are just Naturally Happy.
David: "Yo, how you always in such a good mood?"
Mark: " Man i just always stay positive by being on the water rainbow"

Henry: "Yo are you high or something, what are you on dude?"
Jordan:" Naw man I stay drug free, im just on that water rainbow

Cover the Rainbow 

1. A saying in England which explains an alternative approach to how to eat your five fruit and veg a day.

2. Taking a cocktail of class A drugs on a one night bender.

3. Going to a gay bar to find orgy partners.
I explained to Ed that his five-a-day could not consist of just grapes, he needed to "Cover the Rainbow" of fruit and vegetables, getting more variety in his diet.

I asked Stu what he did on Saturday, he said he went out to "Cover the Rainbow". He looked tired and his eyes were bloodshot, I'm not sure if he meant hitting up big time or hitting on big boys.
Cover the Rainbow by mrblackdx December 24, 2011