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WordBand 6.5–8Academic (NAWL)
formulation
/ˌfɔːmjʊˈleɪʃən/
noun
the development of a plan, system, or proposal
Source: New Academic Word List (Browne, Culligan & Phillips) (CC BY-SA 4.0); IPA generated with eSpeak NG (GPL-3.0 (software))