0 is a numeral. It denotes in the number it is part of that there is nothing in its place.
For example. The number 40. 4 in that is a numeral denoting that there are four lots of tens and 0 in that is a numeral denoting that there are zero lots of ones.
So, in the number 0 the numeral 0 denotes that there are zero lots of ones.
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