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1 definition by M.I. Guy

 
1.
A classification of a relationship. Something more than friends with benefits but not necessarily exclusive. It's basically being exclusive with one person but you have a built-in 3 strike random hookup policy. It's for those who want to be exclusive but tend to get into trouble...so it doesn't really make sense; like jumbo shrimp.

The target audience is long-distance couples.
"So how long have you guys been dating?"
' - Whoa, dating? No, we're just jumbo shrimping.'
by M.I. Guy February 22, 2010