Definition, Meaning & Synonyms

consultancy

Noun
/kənˈsʌl.tən.si/
Definition
A consultancy is a professional service that provides expert advice and guidance in a particular area or field.
Examples
  • The consultancy provided valuable insights into the market trends.
  • She works for a consultancy that focuses on financial planning.
  • Many businesses hire a consultancy to streamline their operations.
Meaning
Consultancy involves offering specialized knowledge to help organizations or individuals improve performance, solve problems, or achieve goals.
Synonyms
  • Advisory
  • Consulting
  • Guidance service