I'm trying to understand this definition of Hungerford's book:

The definition is simple, I think I understood what the author means, but...

What is $P_P$? because we will have $P_P=S^{-1}P$, with $S=P-P=\varnothing$.
What is $S^{^-1}P$, with $S=\varnothing$?
I'm sure it should be a silly think
I need help.
Thanks in advance.
No: $P_P$ is $S^{-1}P$ where still $S=R\setminus P$. In other words, it is the ideal generated by (the elements in) $P$ in the localized ring $R_P$.