Good friends are an important part of life. The term 'good friends' can be broken down into three words: BUDS, pals, and CHUMS. BUDS are close friends who share a strong bond and often spend time together. Pals are friendly acquaintances who may not be as close as BUDS, but still enjoy each other's company. CHUMS are good friends who have known each other for a long time and have a deep understanding of one another. All three terms refer to people who are close and supportive of each other.