When/if you use the word "situationship," what does it actually mean?

When I hear someone use a word like "situationship," I assume that they are using an ambiguous word because they want to avoid disclosing details. And that means there are details they don't want to disclose. E. g., maybe they have reunited with an ex from a previous relationship that ended horribly, or maybe they are cheating on a current partner, or it is an abusive relationship.

"Please dont ask!"
"Please don't ask!"

But. . . I do not use the word, and maybe it means something different to other people. What does "situationship" mean to you?

When/if you use the word "situationship," what does it actually mean?
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