The algebra of chord diagrams is the graded algebra
obtained from the vector space over the rational
numbers freely generated by chord diagrams by
imposing the four-term relations (4T relations).
The grading is the number of chords (Bar-Natan 1995).
Multiplication is given by cutting the oriented circles at unmarked points and joining the resulting arcs to form one oriented circle. Modulo the four-term relations, the product is independent of the chosen cuts. The diagram with no chords is the identity element for multiplication. It also carries a Hopf algebra structure.
For unframed knots, the one-term relation (framing-independence or 1T relation) also sets to zero a chord
diagram having a chord that intersects
no other chord. Modulo the four-term
relations, it suffices to impose this relation on diagrams having a chord
with consecutive endpoints in the cyclic order. Write
for the degree-
component of this quotient. Let
be the vector space over
the rational numbers of Vassiliev
invariants of order at most
, and set
. The quotient
is naturally the dual
vector space of
(Kneissler 1997, p. 3).