To form a concept or concepts of, and especially to interpret in a conceptual way: "Efforts to conceptualize the history and structure of the universe were already running into trouble because . . . the universe was not as uniform as had been assumed” ( John Noble Wilford).
To form concepts.
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.