Prime ideal correspondence for localization
= Prime ideal correspondence for localization
Extension and contraction give inverse inclusion-preserving <bijections> between <prime ideals> of $S^{-1}R$ and <prime ideals> of $R$ disjoint from $S$:
$$
\mathfrak p\longmapsto S^{-1}\mathfrak p,
\qquad
\mathfrak q\longmapsto\iota^{-1}(\mathfrak q).
$$