Friendlationship(n) is a combination of the words 'friends' and '
relationship', used to describe a somewhat-platonic
relationship that contains all the aspects of an actual romantic
relationship, without any physical/sexual benefits. Basically, all the sacrifice but none of the gain. Often occurs when both people involved harbor some desire for the other, but neither is willing to take a chance and potentially ruin their friendship.
Guy 1: So is Jake hanging out with
us tonight?
Guy 2: No man, he's hanging out with
Vanessa again.
Guy 1: Man he's so
whipped. What an idiot.
Guy 2: He needs to get out of that fucking friendlationship.