Coincurred
Coincurred is a verb form used to describe costs, liabilities, or obligations that are incurred by two or more parties as a result of a shared activity or arrangement. The form combines the prefix co-, meaning joint or reciprocal, with incur and its past participle incurred, yielding coincurred.
In practice, coincurred is most common in legal, contractual, or financial writing. Some style guides favor
Usage examples: The two companies coincurred development costs for the new platform. The parties are coincurred
Relation to related terms: Coincurred implies shared responsibility among multiple parties, as opposed to incurred by
See also incurred, jointly incurred, co-insured, and shared costs.