Hi Arne,

Rune formula is normally represented by a sequence of runes in a particular order, let’s go with small example. Let’s say you are looking for support from runes to buy an estate. One of the formulas that might help could be: ᚠᛃᛟ

Fehu – means finances, money etc

Jera – mean increase and scaling

Odal – means estate

While I would not claim this is the best formula, but conceptually hope it gives you an idea. So we have a particular order of runes with some background behind this idea and that’s what we call rune formula.

Bind runes are a more complex concept. When we are talking about bind runes, normally we consider a single complex symbol that embeds multiple runes in one glyph with idea behind it.

Hope it make sense.