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For example, the localization by a single element {{mvar|s}} introduces fractions of the form <math>\tfrac a s,</math> but also products of such fractions, such as <math>\tfrac {ab} {s^2}.</math> So, the denominators will belong to the multiplicative set <math>\{1, s, s^2, s^3,\ldots\}</math> of the powers of {{mvar|s}}. Therefore, one generally talks of "the localization by the power of an element" rather than of "the localization by an element".
The localization of a ring {{mvar|R}} by a multiplicative set {{mvar|S}} is generally denoted <math>S^{-1}R,</math> but other notations are commonly used in some special cases: if <math>S= \{1, t, t^2,\ldots \}</math> consists of the powers of a single element, <math>S^{-1}R</math> is often denoted <math>
''In the remainder of this article, only localizations by a multiplicative set are considered.''
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