rainbow (n.)

Middle English rein, from Old English regn "rain, descent of water in drops through the atmosphere," from Proto-Germanic *regna- (source also of Old Saxon regan, Old Frisian rein, Middle Dutch reghen, Dutch regen, German regen, Old Norse regn, Gothic rign "rain"), with no certain cognates outside Germanic, unless it is from a presumed PIE *reg- "moist, wet," which may be the source of Latin rigare "to wet, moisten" (see irrigate).

Rain dance "dance performed by a tribal group in hope of summoning rain" is from 1867; rain date in listings for outdoor events, giving an alternative date should rain interrupt them on the intended day, is from 1948. To know enough to come in out of the rain (usually with a negative) "take ordinary measures for one's protection" is from 1590s. Rain-shower is Old English renscur. Rain-gauge "instrument for collecting and measuring the amount of rainfall at a given place" is by 1769.

with a short -o-, Old English bugan "to bend, become bent, have or assume a curved direction; to bow down, bend the body in condescension or reverence, to submit," also "to turn back" (class II strong verb; past tense beag, past participle bogen), from Proto-Germanic *bugon (source also of Dutch buigen, Middle Low German bugen, Old High German biogan, German biegen, Gothic biugan "to bend," Old Norse boginn "bent"), from *beugen, from PIE root *bheug- "to bend." Related: Bowed; bowing. To bow out "withdraw" is from 1942, from the notion of "exit with a bow or bows."