 Polynomial invariant ring

For a group acting linearly on $W$, act on the coordinate ring by $(g\cdot f)(w)=f(g^{-1}w)$. The polynomial invariant ring is the fixed subalgebra $\mathbb{C}[W{]}^G$. It inherits the degree grading. Even over the complex numbers it need not be a unique factorization domain, as the quadratic cone invariant ring demonstrates.