Transpositions may be composed (applied in sequence). This defines a product between the transpositions that is associative. It can be shown that an arbitrary permutation of N objects can be written as a product of transpositions and that the number of transposition in this decomposition is of fixed parity. That is, either a permutation is always decomposed in an even number of transpositions (the permutation is called even and has the parity +1), or a permutation is always decomposed in an odd number of transpositions and then it is an odd permutation with parity −1. Denoting the parity of an arbitrary permutation π by (−1), it follows that an antisymmetric wave function satisfies