The chemical formula of a molecular compound is called a molecular formula.

Here's why:

* Molecular compounds are formed by the sharing of electrons between nonmetal atoms.

* Molecular formulas represent the actual number of atoms of each element present in one molecule of the compound.

For example:

* The molecular formula of water is H₂O, indicating that one molecule of water contains two hydrogen atoms and one oxygen atom.

* The molecular formula of carbon dioxide is CO₂, indicating that one molecule of carbon dioxide contains one carbon atom and two oxygen atoms.