In this paper, fuzzy absolute value on a ring is defined. It is proved that every absolute value can induce a fuzzy absolute value. It is also proved that every fuzzy valued ring induce a fuzzy metric space and a fuzzy norm space. In addition, the notion of a Cauchy sequence and completion of a fuzzy valued ring are given and some of their properties are investigated. Finally, it is proved that every fuzzy valued ring has a completion.
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