Suppose $K$ is an ordered field, $X$ is any set, and $F$ is a filter over $X$. Let $G$ be the reduced power of $K$ by $F$. That is, we take all functions from $X$ to $K$, then take equivalence classes by $F$. We compute all operations and the ordering of $G$ modulo $F$. (Note $F$ could be the trivial filter $\{ X \}$, in which case we just have a power of $K$.)
It is easy to check that $G$ is a characteristic-zero commutative ring, but we may lose the totality of the ordering and get zero divisors.
Question: Is there a well-known first-order axiomatization for the kind of structure as $G$, which is preserved under further reduced powers?