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<p> is graded by <a href="page.php?w=Degree_of_a_polynomial">degree</a>: it is a direct sum of  consisting of <a href="page.php?w=homogeneous_polynomial">homogeneous polynomial</a>s of degree i.<br/>
* Let S be the set of all nonzero homogeneous elements in a graded <a href="page.php?w=integral_domain">integral domain</a> R. Then the <a href="page.php?w=localization_of_a_ring">localization</a> of R with respect to S is a -graded ring.<br/>
* If I is an ideal in a <a href="page.php?w=commutative_ring">commutative ring</a> R, then  is a graded ring</p><p>
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