In business, companies that can be both competitors and partners, depending on the circumstances.
Because Experian owns many companies that share common markets, creating the opportunity to share initiatives but also compete for business, each are a "frienemy" to the other.
by ChuckUrbanDictionary May 18, 2007
A "toxic" person who can be quite good at posing as a friend but purposefully wishes you harm—think: You find the Wicked Witch of the West behind the curtains instead of the Wizard of Oz after you all beat yourself to a pulp crossing that beautiful field of poppies! ~and yea, it doesn't bode well for your significant other either!
by YouthSpentOnWisdom June 12, 2012
Someone who's guts you hate allconsumingly and bitterly but with which you also have highly fascinating and fulfilling conversations with.
I first used this term on aim to describe my frienemy zaque something like a year ago, well before any of you touched the word, and i see that it's now slipped into common usage, yet, none of you got it it right. I also see, due to wikipedia, that I probably picked up the term from some policital stuff i was into, and the term is not my invention, but merely, I was the only that made the term popular.
by Daeros August 16, 2008
Caitlin keeps asking for my lunch money and says that friends share. She is using me. She is a frienemy.
by chicadee6jen June 11, 2008
A frienemy is an enemy of yours that can also be friendly, but nonetheless, you hate them. They are also friends that are so nice and friendly, they annoy you to the point that you hate them, and they are your enemy.
by Nick. May 28, 2008
by your werst nightmare September 01, 2002
by No. 18's friend Gri... December 02, 2002