The story
Phono-semantic matching of Japanese ボーイズラブ (bōizu rabu), itself a wasei eigo (和製英語; pseudo-anglicism) derived from boys + love.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: a genre of fictional media originating in Japan that features homoerotic relationships between male characters; yaoi Full definition →
Phono-semantic matching of Japanese ボーイズラブ (bōizu rabu), itself a wasei eigo (和製英語; pseudo-anglicism) derived from boys + love.
Etymology from Wiktionary, CC BY-SA 4.0.