I'd like a name for an augmented algebra $A = \langle 1\rangle \oplus A_+$ for which there is an $N$ so that any product of more than $N$ elements in the augmentation ideal is $0$, i.e., $(A_+)^N = 0$. Is there a name? It seems related to nilpotence, and it implies that all elements in $A_+$ are nilpotent, but is stronger than that. There is a uniform bound on the degree of nilpotence, but that's not enough either, as the example of the exterior algebra in infinitely many variables over $\mathbb{Z}/2$ shows.
MathWorld defines a nilpotent algebra or nilalgebra to be one where every element is nilpotent. (They are therefore not considering unital algebras, contrary to an earlier discussionearlier discussion here.) Is this standard? Is there a better term?