In Rotman's Advanced Modern Algebra second edition (2010), on page 883 (or on page 905 in its first edition (2002)), in the proof of the existence of localization of a commutative ring $R$ on its multiplicative subset $S$, he writes:
"Let $X=(x_{s})_{s\in S}$ be an indexed set with $x_{s}\mapsto s$ a bijection $X \rightarrow S$, and let $R[X]$ be the polynomial ring over R with indeterminates $X$."
However in his definition of formal power series over $R$ he comments:
"To determine when two formal power series are equal, let us recognize that a sequence $\sigma$ is really a function $\sigma:\mathbb{N} \rightarrow R$, where $\mathbb{N}$ is the set of natural numbers, with $\sigma(i) = s_{i}$ for all $i \geq 0$."
So I want to ask if $S$ is uncountable, then is it still legitimate that he defines $R[X]$ in this way?