consultancy

American  

[kuhn-suhl-tn-see] / kənˈsʌl tn si /

noun

plural

consultancies

1. the state of being a consultant; the position of a consultant.

   a consultancy with a government agency.

2. a person or firm that provides consulting advice or services.

3. consultation.

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Etymology

Origin of consultancy

consult + -ancy

Explanation

If it's your job to give advice about how to run a lemonade stand, you've started your own lemonade-selling consultancy, or a business that gives expert information about a particular field. Most consultancies have to do with the business world, as when a company that's trying to avoid harming the environment hires an environmental consultancy to provide expert tips about how to be more environmentally friendly. But any firm that's in the business of giving advice — whether to governments or schools or sports teams — can be described as a consultancy.

Example Sentences

Consultancy Kpler estimated this week that about 400 oil tankers are stuck on either side of the strait.

From MarketWatch • Mar. 13, 2026

Tata Consultancy Services and Wipro declined 3.8% and 3.1%, respectively.

From The Wall Street Journal • Feb. 24, 2026

Some of its largest companies, Infosys and Tata Consultancy Services among them, got caught up in this week’s selloff, shedding 4.8% and 3.6%, respectively.

From Barron's • Feb. 6, 2026

Essentially, Edison was replacing domestic IT specialists earning $80,000 to $160,000 with workers provided by two India-based outsourcing firms, Tata Consultancy Services and Infosys, which were paying their recruits $65,000 to $71,000.

From Los Angeles Times • Sep. 24, 2025

Psychologist Dr Elizabeth Feigin of Dr Elizabeth Consultancy says Gen Z is being driven by a number of factors – both offline and online.

From BBC • Mar. 22, 2025