An approximate identity for a normed algebra is a net
in
such that, for every
,
and
. If, in addition,
then
is called a bounded approximate identity. Though this definition makes sense for
any normed algebra
,
it is usually used when
is either a Banach algebra
or a local Banach algebra.
If only
(
,
respectively), then
is called a left (respectively, right) approximate identity.