Source : Webster's Revised Unabridged Dictionary (1913)

Formulation \For`mu*la"tion\, n.
   The act, process, or result of formulating or reducing to a
   formula.

Source : WordNet®

formulation
     n 1: a substance prepared according to a formula [syn: {preparation}]
     2: inventing or contriving an idea or explanation and
        formulating it mentally [syn: {conceptualization}, {conceptualisation}]
     3: the style of expressing yourself; "he suggested a better
        formulation"; "his manner of expression showed how much he
        cared" [syn: {expression}]