localisation

/L OW0 K AE1 L AH0 Z EY1 SH AH0 N/
noun
  1. 1

    The act of localizing.

  2. 2

    The state of being localized.

  3. 3

    A systematic method of adding multiplicative inverses to a ring.

  4. 4

    A ring of fractions of a given ring, such that the complement of the set of allowed denominators is an ideal.

Source: https://en.wiktionary.org/wiki/localisation, https://en.wiktionary.org/wiki/localization