frenemies

frenemy

[fren-uh-mee]
noun
Informal. a person or group that is friendly toward another because the relationship brings benefits, but harbors feelings of resentment or rivalry: Clearly, turning the competition into frenemies is good for your business.

Origin:
1975-80; fr(iend) + enemy

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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