A person(friend, SO, etc.) you enjoy to bite or nibble on (especially people with biting fetishes or furries), or a friend you tease with biting because the squirm away from it.
"I'm seeing a lot of marks... Have you been playing with your chew toy again?"
by Alphawerewolf June 10, 2007
One step below a "friend with benefits". Chew toys are not necessarily dating or even seeing each other outside of their activitys. Chew toys may be met a work, school, or in any other arena.
Sara's chew toy is Jason...No word yet on whether or not they're dating, however...
by Kateling April 27, 2005