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Bosnian Rainbow 

Eating enough fruity pebbles to dye your cum rainbow and then shooting your cum in an arc over her head
We had sex after breakfast and I totally Bosnian Rainbowed her.
Bosnian Rainbow by Tyfoo9 July 11, 2016

Golden Rainbow

golden rainbow; noun; When two members of the male gender, typically of similar height, stand back-to-back and urinate in opposite directions.
“Hey man, I’m super high right now.”
“Yeah, man, me too.”
“You wanna get naked and make a golden rainbow?”
“I don’t know what that means but alright.”

Hump the Rainbow 

To make comments or actions that provide no value to a conversation or event other than to invite argument or bickering among the participants.

See: Stirring the pot.
Person 1: What do you guys want to get for dinner?

Person 2: Whatever you guys want.

Person 3: Did you hear that Person 1 slept with Person 2s wife?

Person 1: Dude, why do you always have to hump the rainbow?
Hump the Rainbow by lithian1611 December 28, 2009

For The Rainbow

When someone acts homosexual or just plain is. It's like calling someone a fag, but in a more discreet way.
Elizabeth: Are you friends with that kid james?
John: Him? no way, i'm pretty sure he's for the rainbow.

rainbow party 

A party where girls each wearing different colored lipstick
give blowjobs to the guys, the marks left on the guy's penis are the colors of a rainbow. Contrary to popular belief, this was not a term made up by Oprah, it was brought about in a juvenille fiction book called "Rainbow Party."
*washing hands in a restroom*

guy 1: dude what's all over your hands?
guy 2: oh I just left a rainbow party
guy 1: man you rock
rainbow party by Al386 June 11, 2006

Rainbow Chasing 

A person who is delusional and out of touch with reality. They chase dreams that they are to old or not talented enough to be chasing. Often times they refuse to grow the hell up and get a real job leaving others to have to cover/finance their bullshit. They don't realize that their is no pot of gold at the end of that rainbow they are chasing.
I really wish my 42 year old husband would give up the idea of becoming a rapper. This bitchass rainbow chasing is really starting to get on my nerves. We have bills and he needs to get a real job!
Rainbow Chasing by yanayana November 15, 2009