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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 stranger that has the potential to become either a friend or an enemy
Ex. 1
A: Hey!
Stranger: Uh...hi? Why are you talking to me? Please stop. Go away...you're creepy.
^A frienemy gone bad

Ex. 2
A: Hey!
Stranger: HI! OMG! You're so awesome! Let's go be friends!<3
by A.d.L March 19, 2008
A friend, but also an enemy (confused saying)
someone who has a friend but also has an enemy
by your werst nightmare September 01, 2002
1.A half-retarded gay monkey
2.My love Chloscar
3.My friend and my enemy
1. A monkey thats gay and half retarded
2. Your love
3. You are my friend and my enemy
by No. 18's friend Gri... December 02, 2002