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Friends with benefits 

A term commonly used by men to appease women so they can get in their pants. Very rarely lasts and usually friendship part doesn't happen. Usually ends with one falling for the other then broken hearted when the other doesnt reciprocate. They then never speak again.
He says we are friends with benefits but we never hang out as friends and he only talks to me when he wants to fuck.

Friends With Consequences 

The truest definition of the misconception of friends with benefits, fuck buddies, etc. The reasoning behind the consequences is no matter what, the benefits are overshadowed by the consequences.
Keegan: This girl really wants to be my FWB.
BSD: Dude, if she was serious and grounded in reality she would refer to it as friends with consequences, not benefits...

friends with benefits 

1. Friends by day, sex partners by night.
Wow, John and Jane are more than friends, they are friends with benifits

friends with benefits 

Two friends that have an attraction to eachother but can't be in an official relationship for whatever reason.
Jane and Arthur like eachother but are only friends with benefits because of the age difference.

friends and fun 

This is a term used when someone wants to hookup with others but is either to scared or too pure too flat out say so.
Person 1:"So what are you on tinder for?" Person 2: "Oh just here for friends and fun.."
friends and fun by nAY!than May 17, 2016

Friends With Minor Benefits 

"Friends With Minor Benefits" denotes a relationship in which two friends participate in non-coital activities usually designated for more intimate relationships without the attached emotional bond.

These activities can range anywhere from simple making out all the way to mutual masturbation and/or oral sex, but does not include actual coitus (that would be considered "friends with benefits").
Guy: I walked in on Bob and Mary in a heated makeout session earlier.

Girl: I didn't know Bob and Mary were going out?

Guy: They're not. They're just friends with minor benefits.