Usage Note
Formulación can refer to the act of formulating a proposal, question, or policy (la formulación de una ley) as well as to a chemical or pharmaceutical formulation (la formulación del medicamento). The verb is formular. It is a formal, technical word; in everyday speech propuesta or elaboración often covers the same ground.
Examples
"La formulación de la pregunta fue precisa."
Natural Translation
The formulation of the question was precise.

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