If two distinct events are such that there is any inertial frame in which they have zero spatial distance between them, then there is no frame in which they are simultaneous and so they are said to be “timelike separated”. This is because the frame in which they have zero spatial separation corresponds to an observer who sees them both happening at the same place one after the other; and for any other inertial observer, the time between them is also nonzero (since for any v<c the Lorentz contraction factor is never zero).
On the other hand, any two events which are seen as simultaneous by some inertial observer (which is different from being seen simultaneously by that observer!) are said to be “spacelike separated”. But the appearance of simultaneity is relative to the observer and only happens in one particular frame. Other inertial observers won’t see the events as simultaneous but all will agree that it would take faster than light travel to see them both at the same place – eg to actually be present at both of them.