The term digital signal is used to refer to more than one concept. It can refer to discrete-time signals that have a discrete number of levels, for example a sampled and quantified analog signal, or to the continuous-time waveform signals in a digital system, representing a bit-stream. In the first case, a signal that is generated by means of a digital modulation method is considered as converted to an analog signal, while it is considered as a digital signal in the second case.