A monoidal category consists of a category , a bifunctor , a unit object , and natural isomorphisms , and . They satisfy the pentagon identity for a monoidal category
and the triangle identity for a monoidal category . These axioms make different coherent rebracketings and unit removals agree.
It defines a bicategory with one object . The hom-category is ; objects of are its 1-cells and morphisms of its 2-cells. Horizontal composition is the tensor bifunctor, the identity 1-cell is , and the associator and unitors are the bicategorical coherence 2-cells. Vertical composition is composition of morphisms in , and the interchange law follows from bifunctoriality of . Conversely the hom-category of any one-object bicategory has exactly this monoidal structure. Thus a monoidal category is precisely a one-object bicategory, not necessarily a strict one-object 2-category.

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