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An invertible module over a commutative ring is a finitely generated module that is a projective module and whose localization at a prime ideal is free of rank one at every prime. Its dual module is also finite projective. Evaluation is an isomorphism after every prime localization, hence is an isomorphism globally by localization detects zero elements. The Picard group of a ring consists of the isomorphism classes of these modules under the tensor product of modules.