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Rainbow Catcher 

Similar to fag hag but nicer. Basically a girl who has an abundance of gay friends and doesnt like being refered to as the hag.
Do u know that girl who works at the bookstore? Yeah she's a rainbow catcher.
Rainbow Catcher by S.arah December 14, 2006

Rainbow Chasers 

A group of devoted scientists whose mission is to collect data, raise awareness and save the rainbows, which studies show are in decline.
Tut is the fattest of the Rainbow Chasers.
I want to become a rainbow chaser
http://rainbowchasers.net

Rainbow Muffler 

Having several sexually transmitted diseases at the same time.
Lana has a blue waffle, a purple sock, the clap, the drip, and crabs at the same time. So Lana has a Rainbow Muffler.

Rainbow Game 

Where at least 1 guy and multiple girls wearing diffrent colored lipstick, kiss a guys dick so that he has a rainbow on his dick. It can be played competively to see who can get the most colors of lipstick.
Dude I totally played the rainbow game with 5 chicks last night!
Rainbow Game by Oxendoobie June 21, 2006

Rainbow Six 3 

The best game on Xbox Live as of the date this was written. (Summer 2004) It currently has a sequel/expansion known as "Black Arrow," which is exclusively on the Xbox. Though the single-player campaign on both games are a little "imperfected", the multiplayer is amazing. Sadly, many people are going to ditch Rainbow Six 3 for the newer version of Black Arrow. (stated above) The lean glitch has been fixed, and the .50 cal rifle has been removed and replaced by a Dragunov, Black Arrow has something worse than the two problems combined; spawn-killing. 79% and plus players camp at the other team's spawning point and snipe them in the head before the have a chance to even move. Ubisoft, the game's developer, is working to fix this problem. A good solution is to put a 2-second invincibility counter on the spawned player. so that he can actually kill the spawn-killer first. All in all, Black Arrow introduces new gameplay modes and maps (including the downloadable ones from the original Rainbow Six 3) which is not to be overlooked.
Rainbow Six 3 is a great tactical shooter. All players must bow before it!
Rainbow Six 3 by Ryro32 August 9, 2004

rainbow party 

A party where maultiple girls each put on a different shade of lipstick, and suck off a guy. Hence, the guy will have a "rainbow" colored dick.
"Yo Sarah, what color are you wearing to the rainbow party?"
"What's a rainbow party?"
Well, Chrissy, if Sarah wore red lipstick, and I wore purple, your dick would be purple and red."
"Oh. Oh God."