Webster's English Dictionary

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formulate

for.mu.late \'fo.r-my*-.la-t\ \-.la-t-*r\ vt 1a: to reduce to or express in 
   a formula  1b: to put into a systematized statement or expression  1c: 
   DEVISE  2a: to develop a formula for the preparation of (as a soap or a 
   plastic)  2b: to prepare according to a formula  - for.mu.la.tor n