consultancy

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

Definition of consultancy

2 : an agency that provides consulting services The company has hired an excellent marketing consultancy.
3 : the position of a consultant The doctor was offered a consultancy at the municipal hospital.

Examples of consultancy in a Sentence

The company has hired an excellent marketing consultancy.

Recent Examples on the Web

The change also would end profit-sharing between the companies’ audit and consultancy businesses, as well as ending promotions and bonuses that are based on the quality of audits. Nina Trentmann, WSJ, "Regulators Propose Sweeping Changes to U.K. Audit Industry," 18 Apr. 2019 Another member, author Daniel Yergin, went on to publish several studies in favor of LNG and crude-oil exports as vice chairman of IHS Markit, an industry consultancy. Jie Jenny Zou Of The Center For Public Integrity, The Seattle Times, "How DC unleashed fossil-fuel exports despite climate worries," 16 Oct. 2018 Energy consultancy Wood Mackenzie believes Oil Search's Pikka holding — not even counting the other assets – is worth much more. Alex Demarban, Anchorage Daily News, "Oil Search bought into Nanushuk discovery for very little, despite huge potential," 18 Jan. 2018 His father is a managing director of the Promontory Financial Group, an advisory consultancy in New York on regulatory issues. New York Times, "Allison Yang, John Murphy-Teixidor," 17 June 2018 Ernst & Young, the global consultancy firm, recently swapped out traditional job interviews for hands-on auditions for candidates with developmental disorders, said Hiren Shukla, EY's neurodiversity program leader. Danielle Paquette, chicagotribune.com, "Americans with disabilities are finding new leverage in a tight job market," 21 June 2018 The bride’s father is a senior partner for Grove Mueller & Swank, a public accounting and consultancy firm in Salem. New York Times, "Megan Esch, Ashish Patel," 13 May 2018 Economy Notes: • The Northwest Seaport Alliance, comprising the ports of Seattle and Tacoma, recent released its economic-impact analysis, prepared by the consultancy Community Attributes. Jon Talton, The Seattle Times, "So far, economy’s Big Mo’ can’t be stopped by scandal or bad policies," 5 Feb. 2019 Financial firms globally spent $6 billion on identity-verification technology in 2017, according to consultancy Aite Group, a sum that’s expected to grow to $10 billion by 2021. Emily Glazer, WSJ, "Banks Have a Solution for Their Identity-Fraud Woes: The DMV," 12 Nov. 2018

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

1955, in the meaning defined at sense 1

History and Etymology for consultancy

see consult entry 1

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Statistics for consultancy

Last Updated

30 Apr 2019

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Time Traveler for consultancy

The first known use of consultancy was in 1955

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More Definitions for consultancy

consultancy

noun

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

Spanish Central: Translation of consultancy

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