consultancy

noun
con·​sul·​tan·​cy | \ kən-ˈsəl-tᵊn(t)-sē How to pronounce consultancy (audio) \
plural consultancies

Definition of consultancy

1 : the act or an instance of consulting : consultation Imagine finding out that you were about to have four children. For Amanda Rogers, that is exactly what she was told during a consultancy in the early part of her pregnancy.— Michael Sheils McNamee
2a : an agency that provides consulting services The company has hired an excellent marketing consultancy.
b : the services provided by a consultancy or a consultant Grants of £500 will also be made available for business support or consultancy [=consultation] for property owners seeking specialist advice on bringing their building back into commercial use.— Sean Doherty and Andy Robinson
c chiefly British : the position of a consultant The doctor was offered a consultancy at the municipal hospital. She left her position with the company to move into consultancy [=consulting].

Examples of consultancy in a Sentence

The company has hired an excellent marketing consultancy.
Recent Examples on the Web The Prospect Heights, Brooklyn, marketing-consultancy owner loves the people watching and camaraderie. Anne Kadet, WSJ, "Amid Coronavirus, Some Cooped-Up New Yorkers Buy a First Car," 7 July 2020 Cypress is partnering with Marshawn Wolley, principal of the diversity and inclusion management consultancy, Black Onyx Management Inc., on the Indy Black Businesses Matter campaign. Alexandria Burris, The Indianapolis Star, "'It's overdue': Campaign aims to boost the profile of Indy's Black-owned businesses," 7 July 2020 The new principles seek to address concerns that the growth in consultancy revenues has reduced the focus on audit quality. Hanna Ziady, CNN, "The Big 4 audit firms keep failing. Now they're being forced to change," 6 July 2020 Financial terms weren’t disclosed – S4 Capital acquired Lens10, an Australian digital strategy and analytics consultancy, and merged it with MightyHive. Lucinda Shen, Fortune, "Postmates plays the field," 1 July 2020 Even among private-equity and venture-capital firms only $11bn were invested in renewables in 2019, according to BloombergNEF, a consultancy. The Economist, "Hotting up How much can financiers do about climate change?," 20 June 2020 Collectively, social and economic relief measures undertaken by African governments amid the pandemic will reach more than 175 million people, according to estimates by Development Reimagined, an international development consultancy. Yomi Kazeem, Quartz Africa, "African governments are being forced to develop social welfare programs in an economic crisis," 23 June 2020 Experts uncovered the ship in the Kundstradgarden district in the center of the Swedish capital last summer, according to a recent statement from archaeological consultancy Arkeologikonsult. Fox News, "'Sensational' 16th-century shipwreck discovered, may be famous galleon," 23 June 2020 High-frequency traders provided savings of $1.3 billion for retail customers in 2018, according to the consultancy. John Detrixhe, Quartz, "How the retail trading boom is shaking up the US stock market," 23 June 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'consultancy.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of consultancy

1909, in the meaning defined at sense 1

History and Etymology for consultancy

see consult entry 1

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Time Traveler for consultancy

Time Traveler

The first known use of consultancy was in 1909

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Last Updated

12 Jul 2020

Cite this Entry

“Consultancy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consultancy. Accessed 12 Jul. 2020.

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More Definitions for consultancy

consultancy

noun
How to pronounce consultancy (audio)

English Language Learners Definition of consultancy

: a company that gives professional advice to other companies for a fee : a consulting company

More from Merriam-Webster on consultancy

Thesaurus: All synonyms and antonyms for consultancy

Spanish Central: Translation of consultancy

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