The tensor product is a mathematical operation that combines two algebraic structures to create a new one, allowing for the representation of complex systems in terms of simpler components. This concept is crucial for understanding how von Neumann algebras can be formed and manipulated, as it plays a central role in the construction of algebras from existing ones, particularly in the study of factors and their types, as well as subfactors and local algebras.
congrats on reading the definition of Tensor Product. now let's actually learn it.