formally (adv.)

late 14c., "pertaining to form or arrangement;" also, in philosophy and theology, "pertaining to the form or essence of a thing," from Old French formal, formel "formal, constituent" (13c.) and directly from Latin formalis, from forma "a form, figure, shape" (see form (n.)). From early 15c. as "in due or proper form, according to recognized form," As a noun, c. 1600 (plural) "things that are formal;" as a short way to say formal dance, recorded by 1906 among U.S. college students.

common adverbial suffix, forming from adjectives adverbs signifying "in a manner denoted by" the adjective, Middle English, from Old English -lice, from Proto-Germanic *-liko- (cognates: Old Frisian -like, Old Saxon -liko, Dutch -lijk, Old High German -licho, German -lich, Old Norse -liga, Gothic -leiko); see -ly (1). Cognate with lich, and identical with like (adj.).

Weekley notes as "curious" that Germanic uses a word essentially meaning "body" for the adverbial formation, while Romanic uses one meaning "mind" (as in French constamment from Latin constanti mente). The modern English form emerged in late Middle English, probably from influence of Old Norse -liga.