You say that a ring homomorphism phi:AtoB is étale (resp. smooth, unramified), or that B is étale (resp. smooth, unramified) over A is the following two conditions are satisfied:
- AtoB is formally étale (resp. formally smooth, formally unramified): for every square-zero extension of A-algebras R′toR (meaning that the kernel I satisfies I2=0) the natural map mathrmHomA(B,R′)tomathrmHomA(B,R)is bijective (resp. surjective, injective).
- B is esentially of finite presentation over A: AtoB factors as AtoCtoB, where AtoC is of finite presentation and CtoB is C-isomorphic to a localization morphism CtoS−1C for some multiplicatively closed subset SsubsetC.
The second condition is just a finiteness condition; the meat of the concept is in the first one. Formal smoothness is often referred to as the infinitesimal lifting property. Geometrically speaking, it says that if the affine scheme mathrmSpecB is smooth over mathrmSpecA, then any map from mathrmSpecB to mathrmSpecR lifts to any square-zero (and hence any infinitesimal) deformation mathrmSpecR′. Moreover, if mathrmSpecB is étale over mathrmSpecA this lifting is unique.
Differential-geometrically, unramifiedness, smoothness and étaleness correspond to the tangent map of mathrmSpecphi being injective, surjective and bijective, respectively. In particular, étale is the generalization to the algebraic case of the concept of local isomorphism.
There are two references you might want to consult. The first one, in which you can read all about the formal properties of these morphisms, is Iversen's "Generic Local Structure in Commutative Algebra". The second one, Hartshorne's "Deformation Theory", will give you a lot of information about the geometry; section 4 of chapter 1 (available online) talks about the infinitesimal lifting property.
EDIT: The EGA definition of étale morphism of rings is slightly different from the above, in the sense that it requires finite presentation, not just locally of finite presentation: see the comments below.
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