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There are two types of rainbows. There is the nice one that you see in the sky that kids still think that there is a fucking leprechaun at the end of it with a pot of gold and then there is the fagbow where gay people believe that there is an oiled up brazilian man with a 15 inch dick
Franklin: Oh my gaush a fagbow I hope Ramone will be there today with his giant hose
Fagbow by The Chocolate Leopard April 10, 2010
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The Rainbow that is displayed on a vehicle and used to identify a person of homosexuality . The fagbow is a derivative of Fagot and Rainbow .

Note : Any rainbow with a BROWN stripe in it is considered to be a fagbow.
Hey look a fagbow.
Fagbow by Lou Hng Wang Dude June 14, 2009
Related Words
Fagbow Mega fagbow fagbot Fagbook FagBox fagtown fagbones fagbo FABOWD Fagblow

Mega fagbow 

A person place or thing with faggotry

Fagboyant 

A Harlem nigga that dresses gay
ASAP Rocky is so Fagboyant. He was wearing a dress at 106 & Park.
Fagboyant by supergully December 12, 2012

FagBoy Tuesday 

On every Tuesday it is okay to act sis and gay as possible.
You suck another boys penis on Tuesday it’s no gay it fagboy Tuesday
FagBoy Tuesday by OG FagBoy October 29, 2019

fagbones 

Slang for shoes. Used in casual settings, obviously.
Fred: Are you ready yet?
Steve: Hang on, let me get my fagbones.
fagbones by neo! June 8, 2009
Code name for the website known as facebook. This term is usually used by people who oppose facebook (otherwise known as facehaters). The term is a derivation of the word fag in order to cause offence to those of whom use facebook (known as fagbookers).
Needless to say, there is a raging battle between the Fagbookers.
Fagbooker: Hey! I made a facebook! I was on it alllll night yesturday.
Facehater: Why dont you go fuck yourself and set it as your facegay status, you prick.
Fagbook by Ooganden January 25, 2009