look up any word, like tinder bombing:
 
1.
That one awesome person who you hug more than other people because the other people aren't as awesome.
I'm really upset because I don't have a polar bear so I need a hug from my hug buddy
XDD
by UhhhPseudoymthat'interesting December 12, 2010
 
2.
a pal you can give a hug to without your sexuality being suspect. usually used between two dudes. existence of a cross-sex hug buddy relationship indicates the male is emo and will remain a virgin for life
lebo: lets hug, hug buddy
cheezer: ok
by cheezer October 31, 2006
 
3.
Somebody who you may or may not interact with, just somebody who you give and receive hugs from.
"I don't really hang out with Chad, but I know him because he's my hugbuddy."
by RobbyMady January 05, 2009