I came across the following in my commutative algebra notes
If $R$ is a domain with quotient field $K$ and $S$ is a multiplicative set, then we have the inclusions $R \subseteq R_S \subseteq K.$
The set $R_S = \left\{\frac{r}{s} \, | \, r \in R, \, s \in S\right\}$ is the localization of $R$ at $S$.
What do the $\subseteq$'s mean in this context? To me, it can't mean set inclusion in the traditional sense because $R_S$ is a collection of equivalence classes $\frac{r}{s}$. Does $\subseteq$ mean that there is a monomorphism between the rings?
Thanks!
Edit To basically ask the same question with different terminology, does $R \subseteq R_S$, for example, mean that we can embed R into $R_S$?