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TeachMeFinance.com - explain formation formation 'formation' is an military term meaning '(DOD,NATO) 2. An ordered arrangement of two or more ships, units, or aircraft proceeding together under a commander'. Previous 5 Terms: foreign service national- foreshore - form lines format format_ Next 5 Terms: formation- formatted message text - formerly restricted data forward aeromedical evacuation forward air controller_ Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.