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Rainbow Warrior 

NASCAR Driver Jeff Gorden

-He drives a multi-colored car that bears the number 24 and so people started calling him that name.

-It can also be used to describe a friend who looks like him or has gotten the number 24 on something
"Hey I heard that you got a Jeff Gorden on that test because of playing videos games"

"Yeah I did"

"You are now called Rainbow Warrior"
Rainbow Warrior by airlaflair February 8, 2010

Rainbow Trout 

A good looking girls pussy. Opposite of Brown Trout. See definition.
When a good looking girl walks past: "Trout! Definately Rainbow trout!"
Rainbow Trout by DJ Harman-E March 11, 2009

Rainbow six siege 

A game known to be full of toxic tryhards and baby’s yelling at each other
He played rainbow six siege cause he was cancer

Rainbow party 

A rainbow party appears to be something that teens who are (or wish to be) sexually active attend. There is an equal number of boys and girls I'm assuming the same number as in a rainbow (Red Orange Yellow Green Blue Indigo Violet). The girls each wear a different lipstick and take turns giving the BOYS pleasure while the girls get nothing. I imagine that mostly horndog teen boys attend, along with the few sluty girls and mostly the rest girls who wish to fit in. If girls want to feel used and like dirt they should attend these parties.
Rainbow parties were after my time, and I only heard about them resently from the book "Rainbow Parties". I have no problem believing that they are true, and I'm only in my early 20's. The young kids that think that Oprah made this up to trick parents is nonsense. Kids are getting sexually active younger and younger doing things like blowing an entire JV football team. Wake up and smell the coffee. Young kids often regret an encounter with one person, why would anyone want to relive a situation like a rainbow party over and over in their mind? (and good god if you insist on going use protection, no one is invinsable....)
Rainbow party by dontbestupid August 27, 2005

Rainbow lickout 

A lickout when the man has skittles in his mouth
Hey ya no i gave that chick a rainbow lickout
Rainbow lickout by furiouswank October 10, 2006

Rainbow Panthers 

A fictional group created on-the-fly by silly billies jiving their friends for acting feminine, friends who then, by process of the jives, get angry about it.
"I can't believe they killed J.T.! He loved Annie so much, and she had a child! Those writers are cold hearted bitches."
"Are you... are you actually crying over Degrassi?"
"No, shut up, it's just... it's just annoying they did that, okay?"
"But you were about to cry; I could see the verge coming"
"Just shut up, okay, asshole? I'll kick your ass"
"*Imitation gay voice* Looks like someone's lookin' to apply to the Rainbow Panthersssss!"
Rainbow Panthers by Skookum H. Chuck September 12, 2007