This is the 1507th most frequent Russian word.
оформить
To formalize, arrange, or process.
In this sentence, 'оформить' means 'to submit' or 'to prepare an application/document by following necessary procedures.'
Он решил оформить заявку на участие в конкурсе.
He decided to submit an application to participate in the competition.
Here, 'оформить' implies 'to formalize' or 'make official'; it refers to preparing and finalizing a formal contract.
Мы должны оформить договор с новой компанией.
We need to formalize the agreement with the new company.
'Оформить' in this case refers to 'decorate' or 'design' in the context of arranging and styling a space.