- formation for‧ma‧tion [fɔːˈmeɪʆn ǁ fɔːr-] noun [uncountable]the forming of a company, organization, or committee:
• The government backs the formation of a single environment agency covering Scotland as well as England and Wales.— see also capital formation
* * *formation UK US /fɔːˈmeɪʃən/ noun [U]► 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.
Financial and business terms. 2012.