Vee
A vee is a polyamorous configuration in which one person has two partners who are not themselves romantically involved with each other.

A vee (written "V") is a polyamorous shape named for the letter it resembles. One person — sometimes called the hinge or pivot — has two partners, while those two partners are not themselves romantically or sexually involved with each other.
The two ends of the V are metamours: connected through the shared partner rather than to one another. They might be close friends, friendly acquaintances or simply respectful, depending on the network's style.
The hinge carries a particular responsibility for balance, time and honesty, since both relationships flow through them. A vee can grow into a triad if the two partners form their own bond, but many remain happily as a V.
Frequently asked
The hinge (or pivot) is the person who has both relationships; the other two are connected only through them.
Yes — if the two outer partners develop their own romantic connection the V can close into a triad, but it does not have to.