Definition

A MM is semifinite if every nonzero projection pMp\in M dominates a nonzero : there is a projection 0qp0\neq q\leq p that is finite relative to MM. Equivalently, the supremum of the finite projections of MM is 11, or every nonzero central summand of MM contains a nonzero finite projection. This is a property of the algebra’s projection structure. It includes all type I and type II von Neumann algebras and excludes every nonzero type III direct summand.

Tracial characterization

Semifiniteness is equivalent to the existence of a faithful normal semifinite trace on MM. Here “semifinite” for the trace means that every nonzero positive element majorizes a nonzero positive element of finite trace; it does not mean that the identity has finite trace. A semifinite von Neumann algebra can also be equipped with a faithful normal semifinite center-valued trace Takesaki, Chapter V.

Examples and boundary cases

Every is semifinite. The algebra B(H)B(H) is semifinite even when HH is infinite-dimensional: finite-rank projections provide finite subprojections, and the is faithful, normal, and semifinite although it sends 11 to ++\infty. Type II\mathrm{II}_\infty factors are semifinite but not finite. A nonzero type III algebra is not semifinite because it has no nonzero finite projection.

Classification convention
References
  1. Richard V. Kadison and John R. Ringrose, Fundamentals of the Theory of Operator Algebras, Volume II: Advanced Theory, American Mathematical Society, 1997. AMS record. Relevant: §§6.3 and 6.5 on finite projections and semifinite type.
  2. Masamichi Takesaki, Theory of Operator Algebras I, Springer, 1979. DOI record. Relevant: Chapter V on semifinite von Neumann algebras and traces.