On the post A formal definition of a “measure of association” @kjetil b halvorsen commented the following:
A copula could be seen as a characterization of association, so maybe a "measure of association" is a functional of the bivariate distribution (,) that only depends on the copula (,).
From Wikipedia:
[A map] $C: [0,1]^d \mapsto [0,1]$ is a $d$-dimensional copula if $C$ is a joint distribution of ad $d$-dimensional random vector on the unit cube $[0,1]^d$ with uniform marginals.
With Sklar's theorem I can see how this is a useful mathematical tool for studying distributions in general, but it hasn't hit me yet why the copula is a characterization of association. At this moment it seems more like a multivariate CDF with normalized support, and it isn't clear to me that a functional of a CDF which depends on the copula would necessarily be a measure of association.
Just as mutual independence for a collection of random variables $\{X_j\}_{j=1}^{n}$ can be given by the satisfying of the equality $F_{X_1, \cdots, X_n}(x_1,\cdots,x_n) = \prod_{j}^{n} F_{x_j}(x_j)$, do we simply rephrase this in terms of the copulas?
$$C_{X_1, \cdots, X_n}(x_1,\cdots,x_n) = \prod_{j}^{n} C_{x_j}(x_j)$$
How can a copula be seen as a characterization of association?
Footnote: There are some related questions that are interesting but do not address my question.