Beneficial Friendship

When two people want to be in a relationship, but only to cuddle and have deep and meaningful chats. There is no sex envolved.

Aww you guys are so cute together.

Nah we just have a Beneficial friendship.

beneficiate

The act of collecting certain benefits. Especially the benefits pertaining to "friends with benefits".

John is going over to Jane's to beneficiate. John and Jane are beneficiating in the back.