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It's an acronym for Rainbows, Butterflies and Unicorns. It can be used sarcastically or seriously. Sarcastic use includes when a situation or expectations are unrealistic and one has to put on a happy face regardless.

It can also be use ecstatically to describe an especially happy state of being within one's self about something wonderful.
Sarcastic use:

Sue: The boss gave me this 1500 page report to review and edit by the end of the day. That's in 15 minutes. That dipshit thinks it's all RBUs.

Jenny: At least you gave good face.

Ecstatic use:
Sam: How is it going with that fireman you are seeing?

Michael: It's all RBUs. I want to have his babies. LOL.
RBUs by somefun April 26, 2011
Related Words

RBux restock

RBux is a free robux rewards website, it's kinda good but the restocks take forever. This time the restock is a myth, RBux will never restock. They keep telling us they will restock but every day passes and nothing happens...
Friend: Yeah, you can count on me, I will be coming tomorrow
Tomorrow:
Me: Oh c'mon, you didn't have to lie like that, this isn't the RBux restock...
RBux restock by PapaCat August 27, 2021
Riding bike under influence usually a bad decision made while drunk
THEY DRINK TOO MUCH SO ITS BETTER TO RBUI
RBUI by PEPE AND POPO December 29, 2021

rbutchered 

To have your account completely pwned and be publicly humilated in front of your peers.
Oh man, we got his password and totally rbutchered his ass!
rbutchered by rbutcher February 18, 2009
Rbuh is a mistake that u can write by total accident. The meaning of "rbuh" is just another way of saying "bruh".
"Rbuh, y did u fuck ur step cousin"
rbuh by Victor Bear April 7, 2024
Dunzo, a slang word for done/finshed. Made famous by the Laguna Beach cast.
This car is so dunzo. (Kristin's car breaks down.)
dunzo by Joey Pellet December 8, 2004
Word of the Day on June 20, 2026