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:''t''(''r''<sub>1</sub>''s''<sub>2</sub> − ''r''<sub>2</sub>''s''<sub>1</sub>) = 0.
We think of the [[equivalence class]] of (''r'',''s'') as the "fraction" <sup>''r''</sup>⁄<sub>''s''
The above mentioned universal property is the following: the ring homomorphism ''j'' : ''R'' → ''R*'' maps every element of ''S'' to a unit in ''R*'', and if ''f'' : ''R'' → ''T'' is some other ring homomorphism which maps every element of ''S'' to a unit in ''T'', then there exists a unique ring homomorphism ''g'' : ''R*'' → ''T'' such that ''f'' = ''g'' o ''j''.
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Localizing non-commutative rings is more difficult; the localization does not exist for every set ''S'' of prospective units. One condition which ensures that the localization exists is the [[Ore condition]].
One case for non-commutative rings where localization has a clear interest is for rings of differential operators. It has the interpretation, for example, of adjoining a formal inverse D<sup>-1</sup> for a differentiation operator D. This is done in many contexts in methods for [[differential equation]]s. There is now a large mathematical theory about it, named [[microlocalization]], connecting with numerous other branches. The ''micro-'' tag is to do with connections with [[Fourier theory]], in particular.
== See also ==
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