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English definition of “formalize”

formalize

verb [T] (UK also formalise)     /ˈfɔːməlaɪz/
to arrange something according to a fixed structure : formalize a process/procedure/structure, etc. It is now widely acknowledged that with increasing size comes the need to formalize operations if a firm wishes to remain effective . Despite the apparent contradiction , casual working in this sector is a highly formalized system of working .
to make something official : formalize an agreement / arrangement / offer
(Definition of formalize verb from the Cambridge Business English Dictionary © Cambridge University Press)
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