formulate vs put

formulate is not a noun while put is a noun.

Word	Noun	Adjective	Verb	Adverb
formulate	No	No	Yes	No
put	Yes	No	Yes	No

As verbs, put is a hyponym of formulate; that is, put is a word with a more specific, narrower meaning than formulate:

Other hyponyms of formulate include ask, lexicalise, lexicalize, dogmatise, dogmatize, formularise, formularize, cast, couch, frame, redact.

formulate (noun)	put (noun)
	the option to sell a given stock (or stock index or commodity future) at a given price before a given date

formulate (verb)	put (verb)
put into words or an expression	arrange thoughts, ideas, temporal events
elaborate, as of theories and hypotheses	estimate
come up with (an idea, plan, explanation, theory, or principle) after a mental effort	formulate in a particular style or language
prepare according to a formula	attribute or give
	put into a certain place or abstract location
	cause to be in a certain state; cause to be in a certain relation
	adapt
	cause (someone) to undergo something
	make an investment