Entry 1 sense Webster, 1913 Formulation /fôrˌ-myəl-āsh'-ən/ · For·mu·la·tion · IPA /fˌɔrmjəlˈeɪʃən/ 01 n. The act, process, or result of formulating or reducing to a formula. 1. The act, process, or result of formulating or reducing to a formula.