In mathematics, Lazard's universal ring is a ring introduced by Michel Lazard in over which the universal commutative one-dimensional formal group law is defined. There is a universal commutative one-dimensional formal group law over a universal commutative ring defined as follows. We let be for indeterminates c_{i,j}, and we define the universal ring R to be the commutative ring generated by the elements c_{i,j}, with the relations that are forced by the associativity and commutativity laws for formal group laws. More or less by definition, the ring R has the following universal property: The commutative ring R constructed above is known as Lazard's universal ring. At first sight it seems to be incredibly complicated: the relations between its generators are very messy. However Lazard proved that it has a very simple structure: it is just a polynomial ring (over the integers) on generators of degree 1, 2, 3, ..., where c_{i,j} has degree (i+j-1). proved that the coefficient ring of complex cobordism is naturally isomorphic as a graded ring to Lazard's universal ring. Hence, topologists commonly regrade the Lazard ring so that c_{i,j} has degree 2(i+j-1), because the coefficient ring of complex cobordism is evenly graded.