An associative unital Banach algebra is monoid object in the closed monoidal category of Banach spaces (with short linear operators as morphisms, and the usual internal hom, or equivalently the projective tensor product). However, Banach algebras are not usually assumed to be unital, making them semigroup objects (or even magma objects if not assumed to be associative).
Explicitly, this means a Banach space equipped with a bilinear multiplication map
which again is usually taken to be associative (and may even be unital), such that
where (or just ) means .
Of course, in the non-unital case, one can always formally adjoin a unit with , forming the Banach algebra (using the -direct sum).
The explicit description in terms of is of course earlier; but the abstract description as an internal monoid makes clear the correct definition of Banach coalgebra: a comonoid in the same monoidal category.
A standard example is , where is Lebesgue measure, and where the multiplication is taken to be convolution. (This lacks a unit for the multiplication, since there is no function that represents the Dirac functional?
on continuous functions .) One can generalize this example in straightforward fashion, replacing by any locally compact Hausdorff topological group , and by a Haar measure on ; the algebra is unital if and only if is compact.
For any measure space , is a unital Banach algebra (in fact a -algebra) with respect to pointwise multiplication.
If is a Banach space, the internal hom is a unital Banach algebra (by general abstract nonsense).
Any C-star algebra is in particular a Banach algebra.
The normed division algebras are (possibly nonassiociative) Banach division algebras over .
The only Banach division algebra over is itself, by the Gel’fand–Mazur theorem.