formula - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “formula”

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formula

noun [C]
 
 
/ˈfɔːmjələ/ ( plural formulas, formulae)
a standard or accepted way of doing something: a formula for sth/for doing sth Tandy had a simple formula for locating his stores: Put them where the customers are.funding/pricing formula The unions fought off another attempt to scrap the current pension formula. The combination of convenience stores and online shops has proven to be a winning formula for the company. I'm afraid there is no magic formula.
PRODUCTION a list of the substances used to make something: The formula consists largely of sugar.
(Definition of formula from the Cambridge Business English Dictionary © Cambridge University Press)
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