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 a hyphen, writing co-incurred, especially in older or more formal documents; others use the closed form coincurred. Both forms are generally understood, but consistency within a document is advised.

Usage examples: The two companies coincurred development costs for the new platform. The parties are coincurred in the liability for the breach. Note that many writers prefer jointly incurred to avoid ambiguity.

Relation to related terms: Coincurred implies shared responsibility among multiple parties, as opposed to incurred by a single party. It does not itself define the allocation of costs or liability, which are typically set out in contracts or statutes.

See also incurred, jointly incurred, co-insured, and shared costs.