The term 'MAGIC FORMULA' is a five-letter word spelled 'SPELL'. It is often used to refer to a secret or special formula that can be used to achieve success or solve a problem. It is often associated with the idea of having a magical power or ability to make something happen. The term is often used in business, where it can refer to a specific strategy or set of steps that can be taken to increase profits or reduce costs. It can also be used in other areas such as relationships, where it can refer to a certain way of communicating or interacting with others that can lead to better outcomes.