Let $(A,\mathfrak{m}\_A)$ be a local Artinian $k$-algebra with residue field $k$. Then the scheme $\mathrm{Spec}(A)$ can be loosely seen as a "fat point", or an "infinitesimal neighbourhood" of a point $\mathrm{Spec}(k)$. If the maximal ideal satisfies the condition $\mathfrak{m}^k=0$, then I think the spec of $A$ can be seen as a "$(k-1)$-th order infinitesimal neighbourhood" of the closed point.


Recall: a *small extension* of $A$ is an extension of local Artinian $k$-algebras $0\to I \to B\to A \to 0$ such that $\mathfrak{m}\_B\cdot I =0$.



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> Does the concept of a small extension have any geometric interpretation? 
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Does it mean that the closed embedding $\mathrm{Spec}(A)\hookrightarrow \mathrm{Spec}(B)$ is such that it only "fattens" already existent "directions" of $\mathrm{Spec}(A)$, making it into a "higher order" fattening of the closed point but without adding new "directions" of fattening? Is my suggestion totally misleading?
**Edit:** as comments point out, my interpretation was not correct. 



Geometric meaning of small extensions ?
If you think of elements in a local Artin $k$-algebra $R$ as, say functions on the origin of $k^n$ which remember some (finite amount of) higher order information in the various $n$ directions, then a small extension $R'$ of $R$ is just another such ring with functions that remember "at most one order higher".


For example, let $R = k[x,y]/((x,y)^2)$ and consider the small extension $R' = k[x,y]/((x,y)^3)$. The elements of $R$ are functions which remember up to 1st order in the directions $x,y$. The elements of $R'$ are what we get if we take functions from $R$ and stick on some 2nd order terms in the $x,y$.


You can also just extend only in one direction. For example, $R'' = k[x,y]/(x^3,xy,y^2)$ is also a small extension of $R$, but the only 2nd order term we added was $x^2$, not $xy$ nor $y^2$.


However, if you take $A = k[x]/(x^2)$ and $A'' = k[x]/(x^4)$, then this is not a small extension because we went two orders up, from 1st order to 3rd order.


Generally, I interpret a small extension as one that only thickens our fat point by an order of at most 1 in each direction.


Things are more complicated if you add a new direction. If you take $R = k[x,y]/((x,y)^2)$ as before, and consider $R[z]/(z^2)$, then this is not a small extension because of the cross terms $xz$ and $yz$. However, if you get rid of them, then $R[z]/(z^2,xz,yz)$ is a small extension of $R$.


You could say that adding a new direction involves making two small extensions. The first one adds the new variable with no cross terms, and the second adds the cross terms. For instance, let $R = k[x]/(x^2)$, $R' = R[y]/(xy,y^2)$, and $R'' = R[y]/(y^2)$.


