The Collaborative International Dictionary of English v.0.48:

Phrase \Phrase\, v. t. [imp. & p. p. Phrased; p. pr. & vb. n.
   Phrasing.] [Cf. F. phraser.]
   To express in words, or in peculiar words; to call; to style.
   "These suns -- for so they phrase 'em." --Shak.
   [1913 Webster]