1. making something official or giving it a definite structure
Usage: present participle of formalize
2. expressing something in precise or technical terms
Usage: often used in academic or scientific contexts

Examples

• The company is formalizing its remote work policy.
• They are formalizing the partnership with a written contract.
• The professor is formalizing the mathematical proof.
• The government is formalizing new safety regulations.
• She is formalizing her research methodology.
• The team is formalizing their meeting procedures.