Let be a -algebra with a unit, where is the algebra of bounded linear operators on a Banach space. Then .
Definition: The spectrum of an element is the set
where is the set of invertible elements.
For matrices, we obtain the eigenvalue set. For continuous functions, we obtain the image.
If then there is a s.t. .
Then one can verify that is the inverse of so that :
.
This inverse can be guessed by an analogy with the geometric series as explained here.