consultancy

noun

con·​sul·​tan·​cy kən-ˈsəl-tᵊn(t)-sē How to pronounce consultancy (audio)
plural consultancies
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
2
a
: 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
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Companies lacking this in-house expertise often face steep costs, either through high salaries to attract specialists or hefty consultancy fees. Agur Jõgi, Forbes, 30 Dec. 2024 Just one Asian organization—the Hong Kong Jockey Club Charities Trust—ranks among the top 20 philanthropic organizations in the world, according to a report released earlier this year by nonprofit consultancy Bridgespan Group. Nicholas Gordon, Fortune Asia, 29 Dec. 2024 But a collision with birds typically results in the plane landing in the nearest available field, said Richard Aboulafia, analyst at consultancy AeroDynamic Advisory. Mariya Gordeyeva, USA TODAY, 25 Dec. 2024 The unsealed complaint comes a few days after the consultancy McKinsey & Co. agreed to pay $650 million to settle a federal probe into its role in helping boost sales of the opioid OxyContin for Purdue Pharma. William Gavin, Quartz, 19 Dec. 2024 See all Example Sentences for consultancy 

Word History

Etymology

see consult entry 1

First Known Use

1909, in the meaning defined at sense 1

Time Traveler
The first known use of consultancy was in 1909

Dictionary Entries Near consultancy

Cite this Entry

“Consultancy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consultancy. Accessed 20 Jan. 2025.

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