Abstract

We study the variety Var() of lattice-ordered monoids generated by the natural numbers. In particular, we show that it contains all 2-generated positively ordered lattice-ordered monoids satisfying appropriate distributive laws. Moreover, we establish that the cancellative totally ordered members of Var() are submonoids of ultrapowers of and can be embedded into ordered fields. In addition, the structure of ultrapowers relevant to the finitely generated case is analyzed. Finally, we provide a complete isomorphy invariant in the two-generated case.