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

After that, he was recruited by Paul Atkins, the current chair of the Securities and Exchange Commission, to join Atkins’ risk-management consultancy Patomak Global Partners.

From Barron's • May 12, 2026

Gustavo Razzetti is CEO of Fearless Culture, a culture design consultancy.

From MarketWatch • May 6, 2026

Mr. Goldenberg is the founder of Silent Index, a national security consultancy, and a senior fellow at Rutgers University’s Miller Center.

From The Wall Street Journal • May 5, 2026

A flight from London to Melbourne in June now costs 76% more than it did last year, for example, according to research from the consultancy Teneo.

From BBC • May 3, 2026

She is now running her own consultancy focused on helping foundations use film and media to tell their stories.

From "The Other Wes Moore: One Name, Two Fates" by Wes Moore