That's all it is,A trope as old as time itself. Two extremely close friends or partners, of the same gender, who are as close or closer than a romantic couple. They aren't romantically linked, but they might suffer withdrawals from not being around each other. There might even be a "break-up" episode. When one gets a boy/girl friend, you can almost certainly expect the Friend Versus Lover quarrel to be epic. Note that despite the trope name, the characters in question are not necessarily both heterosexual. Sometimes this is an extreme form of an Odd Couple, in that the two are different as night and day. Those Two Guys may also acquire this label, as may the title characters of any show with a title of the form X and Y. Don't expect them to be friendly to each other though, quite a few are Vitriolic Best Buds. In adventure stories, they are often Blood Brothers. The pair may be Mistaken for Gay by those around them. Works often lampshade, mock or play with the relationship by throwing in some Homoerotic Subtext, but that's by no means necessary. For fans' delight at such scenes or ship teases, see Ho Yay. If the two friends are opposite sexes, they're Platonic Life Partners, perhaps Like Brother and Sister. When an entire group are life partners, they're True Companions. Compare also Chastity Couple, whose relationship is romantic but not sexual.
He's mine, I'm his,
There's nothing gay about it
In our eyes...
It's Guy Love, between two guys!
— J.D. and Turk, Scrubs