"Wavelet theory is nowadays a very active field of approximation theory with a wide impact on signal analysis, high-performance imaging applications, and adaptive transversal filter theory. It is concerned with the modeling of univariate and multivariate signals with a set of specific signals. The specific signals are just the wavelets. Families of wavelets are used to approximate a given signal (with respect to the L2 norm, say), and each element in the wavelet set is constructed from the same original window, the mother wavelet."
January 1, 1970
https://en.wikiquote.org/wiki/Wavelet