Here is an example I took from another post here:
bhaskaraya vidmahe mahaddyutikaraya dhimahi |
tanno adityyah pracodayat
There are lots of variants of this formula. What is the context in which this formula is used and what does it mean?
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Dhimahi:- This word is derived from √dhi which means to worship or meditate. From V.S. Apte Dictionary;
Vidmahe:- It is derived from √vid which means to know or understand. Source
Prachodyat:- It is derived from √pracud which means to inspire.
Maharishi Dayananda translated the word dhimahi and prachodyat as mentioned above in Gayatri mantra.
The word to word translation of the mantra you gave in question is given here.