Friends with benifits, but one of them wants the commitment and the other doesn't.

It means that like for a gurl, she likes the guy, but won't commit to him, but at the same time doesn't want him to leave. Same defintion for a guy as well.
This quote is in the Andre Nickatina song, Conversations of the Devil.

.."Meanin That I Like To Have My Cake And Eat It Too....She Said " Do You Want A Drink Nicky Baby" Yeah!... " Do You Want Me To Get It For You Baby?"
by M-Dezzy June 12, 2006
Get the I like to have my cake and eat it too mug.
something that is bittersweet.
getting a good half and a bad half to something.
John: So Tom did u get that English class you wanted?

Tom: Yea man. I love it. However the teacher is a total bitch!

John: Yea, well you can't have your cake and eat it too.
by sergio0691 November 8, 2006
Get the You can't have your cake and eat it too mug.
An expression basically meaning that you can only have it so good, and you can't have it all.

An good example is if a situation is bittersweet.
Sara was sad that the guy whom had gotten very close to her in the past 3 years which she held a secret fondness for developed an interest in her best friend, Clare. In conversation with Clare, Sara explained the situation, to which Clare responded.

"You can't have your cake and eat it too."
by ThatOneHuman December 4, 2005
Get the You can't have your cake and eat it too mug.
you cant enjoy what is yours. you can work or you can enjoy.

example:
you work really hard and finish a report, someone else takes credit.

or

you have a gorgeous girlfriend whom only others enjoy in bed.
you enjoy fishing and eating fish, you catch a fish, but your wife eats it.

she says "You can't have your cake and eat it too"
by geneva rain August 11, 2006
Get the You can't have your cake and eat it too mug.