Well to me it was defined as such (terminology might vary from my language to english) :
An algebra over a field $\Bbb K$ is a quadruplet $(A, +, \times, \cdot)$ where :
$(A, +, \times)$ is a ring
$(A, +, \cdot)$ is a vector space over $\Bbb K$
$$\forall (u, v)\in A^2, \forall \lambda \in \Bbb K, \lambda \cdot (u\times v) = (\lambda\cdot u)\times v = u\times(\lambda\cdot v)$$