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English definition of “formation”

formation

noun [U]
 
 
/fɔːˈmeɪʃən/
the development or creation of a company, organization, etc.: His company has made excellent progress since its formation three years ago. The arts center is completing the formation of a search committee for a new chief executive officer. → See also capital formation
(Definition of formation from the Cambridge Business English Dictionary © Cambridge University Press)
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