When you have romantic relations with someone in which you don't wish to really romance. A "just sex" romance, if you will. Taking a girl out to wine and dine her = romance. Taking a girl home after a night out = homance
"I'm in the club looking for homance, not romance. Here you don't have to buy dinner to get laid ... just drinks and a cab ride home maybe. Homantic relationships are more economical, and well ... this is a bad economy"
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