Remark 42.56.4. Let $(S, \delta )$ be as in Situation 42.7.1. Let $X$ be locally of finite type over $S$. The Chern class map defines a canonical map
by sending a generator $[\mathcal{E}]$ on the left hand side to $c(\mathcal{E}) = 1 + c_1(\mathcal{E}) + c_2(\mathcal{E}) + \ldots $ and extending multiplicatively. Thus $-[\mathcal{E}]$ is sent to the formal inverse $c(\mathcal{E})^{-1}$ which is why we have the infinite product on the right hand side. This is well defined by Lemma 42.40.3.
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