The binary product of two types consists of ordered pairs of values, one from each type in the order specified. The associated eliminatory forms are projections, which select the first and second components of a pair. The nullary product, or unit, type consists solely of the unique “null tuple” of no values and has no associated eliminatory form. The product type admits both a lazy and an eager dynamics. According to the lazy dynamics, a pair is a value without regard to whether its components are values; they are not evaluated until (if ever) they are accessed and used in another computation. According to the eager dynamics, a pair is a value only if its components are values; they are evaluated when the pair is created.

More generally, we may consider the finite product ⟨τi ⟩iϵI indexed by a finite set of indices I. The elements of the finite product type are I -indexed tuples whose ith component is an element of the type τi for each i ϵ I. The components are accessed by I -indexed projection operations, generalizing the binary case. Special cases of the finite product include n-tuples, indexed by sets of the form I = {0, …, n − 1}, and labeled tuples, or records, indexed by finite sets of symbols. Similar to binary products, finite products admit both an eager and a lazy interpretation.