The set is a multiplicative subset, since . The localization of a ring consists of fractions , where
Similarly, the localization of a module consists of fractions , with the analogous equivalence relation. The canonical maps are
The Localization of a Noetherian ring is Noetherian. Since a finitely generated module over a Noetherian ring is a Noetherian module, localizing a finite generating set shows that is Noetherian over .
The prime ideal correspondence for localization identifies with the primes disjoint from . Here
so the spectrum of localization away from one plus an ideal is
An element maps to zero exactly when for some . Such an equation gives for every , proving one inclusion. Conversely, suppose . The Artin-Rees lemma applied to says that for some ,
Taking gives , so for some . Then and . Thus
For failure without Noetherianity, take
The strict chain shows that is not Noetherian. Since , one has , and hence . But is an integral domain, so its localization map into is injective. This is the non-Noetherian failure of the intersection formula for localization.

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