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1. Fwib
N- An acronym for friends with benefits or friend with benefits, A hook-up is is a friend but there is no relationship and once the hook-up is over everythings back to normal
"I saw you and Kate at the game, Are you guys a couple?"

"Huh? No, we're just fwibs."
2. FWIB
Acronym for Fine Wine In a Box.
"Dude, this FWIB is inexpensive and very cheap."
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