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frenemy

[fren-uh-mee]
noun
  1. 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.
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Sometimes frien·e·my.

Origin of frenemy

First recorded in 1950-55; fr(iend) + enemy
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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