Definitions for

**"Formulae"**Are mathematical expressions to enable repeatable results or computations. Many financial formulas are related to one another. Some of the standard computations are: Interest Calculations

An established form of words or symbols for use in a ceremony.

A formula or function is a calculation. In a spreadsheet, a calculation is made up of mathematical symbols such as +,-,*,/ together with references to the cells they are to be applied to. There are also more complicated types of formula such as SUM and AVERAGE which also use cell references.