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Being in a relationship, but not having to admit it.
G1: Is he your boyfriend?
G2: Na, we are just pal'n around.
by mighty mouse 1 June 08, 2012
A term used to describe the ambiguous boundaries drawn between two friends who engage dangerously in romance and sexploration, while not wanting to be defined as a couple in the eyes of their community.
G: "Are you and so and so seeing each other?"
B: "Na, we are just pal'n around."
by knight rider June 08, 2012