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Home > QFINANCE Dictionary > Definition of consultant

Definition of


General Management

specialist brought in to give advice to organization an expert in a specialized field brought in to provide independent professional advice to an organization on some aspect of its activities. A consultant may advise on the overall management of an organization or on a specific project, such as the introduction of a new computer system. Consultants are usually retained by a client for a set period of time, during which they will investigate the matter in hand and produce a report detailing their recommendations. Consultants may be established in business independently or be employed by a large consulting firm. Specific types of consultants include management consultants and internal consultants.

Definitions of ’consultant’ and meaning of ’consultant’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’consultant’ and other financial terms with our online QFINANCE Financial Dictionary.

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