friends with privileges 

An acquaintance with whom a person has consensual sexual interests, sex partner.

First person: Dude, do you really like Daniele?

Second person: Are you crazy, we are just friends with privileges.

friends with privileges by Guido1 March 6, 2008

friends with privlieges 

2 people that aren't going out but that hook up whenever.

gurl 1:R u going out w/him?
gurl 2:No he's just a friend with privlieges.

friends with privlieges by SPpride_805 July 12, 2004