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Red rubber ring 

The outer edge of a dogs anus visible when it its passing feacies.
Wow, those dog biscuits must have made poor doggie constipated, look at the size of its red rubber ring.
Red rubber ring by blazza May 2, 2010

Ring around the Rubber 

The ring that is embedded on your wallet from having a condom in there for a period of more than 6 months.

This happens when you try to prove to your friends, or anybody that you get laid. You occasionally pull it out to show someone, but stupidly put it back in the same place so it can make an indent in your wallet.

This is usually prevelent in the High School age group. For some reason, future computer science Majors and Dungeons and Dragons' Players seem to have a high instance.
My mom still does my laundry. I had to quickly get my wallet out of my pants before she saw the Ring around the Rubber.
Ring around the Rubber by jaymax45 January 15, 2011

rubbering 

The act of removing false teeth during oral pleasuring to allow your partner to enjoy the rubber like texture of your gums.
Tammy gave me the best Rubbering I ever had last night.
rubbering by ChrisMFGaines August 3, 2016