The software development process is characterized by an iterative cycle of continuous functionality implementation and debugging, essential for the enhancement of software quality and adaptability to changing requirements. This process incorporates two isolatedly studied tasks: Code Search (CS), which retrieves reference code from a code corpus to aid in code implementation, and Fault Localization (FL), which identifies code entities responsible for bugs within the software project to boost software debugging. The basic observation of this study is that these two tasks exhibit similarities since they both address search problems. Notably, CS techniques have demonstrated greater effectiveness than FL ones, possibly because of the precise semantic details of the required code offered by natural language queries, which are not readily accessible to FL methods. Drawing inspiration from this, we hypothesize that a fault localizer could achieve greater proficiency if semantic information about the buggy methods were made available. Based on this idea, we propose \(\mathtt{CosFL}\) , an FL approach that decomposes the FL task into two steps: query generation , which describes the functionality of the problematic code in natural language, and fault retrieval , which uses CS to find program elements semantically related to the query, allowing for finishing the FL task from a CS perspective. Specifically, to depict the buggy functionalities and generate high-quality queries, \(\mathtt{CosFL}\) extensively harnesses the code analysis, semantic comprehension, text generation, and decision-making capabilities of LLMs. Moreover, to enhance the accuracy of CS, \(\mathtt{CosFL}\) captures varying levels of context information and employs a multi-granularity code search strategy, which facilitates a more precise identification of buggy methods from a holistic view. The evaluation on 835 real bugs from 23 Java projects shows that \(\mathtt{CosFL}\) successfully localizes 324 bugs within Top-1, which significantly outperforms the state-of-the-art approaches by 26.6%-57.3%. The ablation study and sensitivity analysis further validate the importance of different components and the robustness of \(\mathtt{CosFL}\) across different backend models.