cosuretyshipglossary / COSURETYSHIP cosuretyship. The relation between two or more sureties who are bound to answer for the same duty of the principal, and who are jointly responsible for any loss resulting from the principal’s default. 词条贡献者 译员黎川,在一家顶尖澳洲律师事务所的上海办公室担任全职法律翻译,专注翻译各种与澳大利亚业务有关的法律文件。