Definition of "formalizes" [formalizes]

• Third-person singular simple present indicative form of formalize. (verb)

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• "On the other side of the aisle, Nicole Gelinas of the Manhattan Institute recently complained that the administration's June financial-regulatory proposal actually "formalizes" the too-big-to-fail pathology by providing loans, purchasing assets, guaranteeing liabilities, and making equity investments in faltering giant firms."
• "The agreement between the two institutions "formalizes" a relationship that's been in the works for a while, according to the release."
• ""I think it probably kind of formalizes what goes on for the most part now.""