two fairly close, or very close friends have the hots for one another. they do have some sort caring for one another, but it is not one of a romantic couple.
a man and a woman who don't enjoy commitment like to fool around with one another because they find each other attractive.
Frank and Allison went to prom as friends with potential. They agreed to keep it casual and friendly, but if they both got shitfaced and fucked each other, neither would complain the next day.
The best thing to say to a person close to you if they reject you in any way. If someone were to be told: "I thought we were friends", they would be forced to do whatever their "friend" wants them to do.
Tyrone: Yo mang, can you do my homework for me after skool?
Antwonne: Nah, man. I gotsta hit the sheets with mah ho tonight.
Tyrone: I thought we were friends, yo.
Antwonne: Aww shizz! Fine holmes, I'll do your damn homework.