it is used as a word to define someones stupidity and male genetalia resemblence.
"Shut up you Raud", one is not but ones raud farmer, u are all a bunch of raud junkies
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An uncommon synonym referred also as very cool, exciting, outrageous, unusual, extreme and/or radonkulous...
Someone jumps off a building from 3 stories up and doesn't break ANYTHING!!!! (yo thats Raudelis right there)