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Legal Definitions - co-

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Definition of co-

The prefix co- is used in legal terminology to indicate that individuals or entities are acting jointly, together with, or in partnership with one another in a particular legal capacity or action. It signifies shared responsibility, authority, or involvement.

Here are some examples illustrating the use of co-:

  • Co-signer: When an individual applies for a loan or a lease, a lender might require a co-signer. This means another person agrees to sign the agreement alongside the primary applicant, thereby taking on joint legal responsibility for the debt or obligation. If the primary borrower fails to make payments, the co-signer is equally and legally obligated to pay. This illustrates co- because the co-signer acts together with the primary borrower in assuming the financial responsibility.

  • Co-executor: In a will, a person might name two or more individuals to serve as co-executors of their estate. These co-executors are then jointly responsible for managing the deceased person's assets, paying debts, and distributing the remaining property according to the will. They must often make decisions and take actions together. This demonstrates co- as the individuals share the executive duties and authority over the estate.

  • Co-counsel: In complex legal cases, a client might retain multiple attorneys or law firms to work on their behalf. These attorneys are referred to as co-counsel, meaning they collaborate and work together to represent the client's interests, develop legal strategies, and present the case in court. This exemplifies co- because the lawyers are acting jointly in their representation.

Simple Definition

The prefix "co-" in legal terms signifies a joint or shared relationship. It indicates that multiple parties are involved together in a particular legal capacity or action. Essentially, it means "with" or "together," implying shared responsibility, ownership, or status.

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