Bhava means birth, arising. While the aggregates are arising, born, they are being (Bhava) and being conditioned.
AN 3.47:1.6 SaṅkhataLakkhaṇaSutta:
“Mendicants, conditioned phenomena have these three characteristics.
Arising is evident, vanishing is evident, and change while persisting
These are the three characteristics of ...
Most who are born in the human world will wait in a mind-made body waiting for a suitable place to be born. However it is not a birth or an existence.
You can learn more from this Noble Eight-Fold Path Meditation: https://youtu.be/vu0UZDb3gKk?list=PLk22Pmbx-cNPA_vMHe4G9LOZaPm8GGpM_&t=5790
However the goal here is to understand the suffering nature of ...