The nilradical of a ring is the intersection of all maximal left ideals of that ring, and it consists of all the nilpotent elements within that ring. This term is significant because it helps in understanding the structure of non-associative rings by highlighting the elements that exhibit a form of 'zero behavior' under multiplication. It plays a crucial role in radical theory and has implications for computations in algebraic structures like Lie algebras, where nilpotent elements often lead to simplifying properties in calculations.
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