Most of the structures called algebras (e.g. boolean algebras) have at least two operations and these operations frequently interact via distributivity or something like that. Other examples are ring-like, like a sigma algebra in measure theory.
I've never really encountered anyone saying "algebra" for a generic algebraic structure. I think with this definition Cohn was trying to start a trend that didn't catch on.
Which one(s) you have been exposed to just depends on which mathematical subcultures you’ve interacted with.
Mathematics Wikipedia is sometimes very biased towards certain points of view (usually more undergraddy, as evidenced by its insistence with the "abstract algebra" term), so I think it's being a bit too pushy with its "algebra" definition here. I've edited the term to say that this usage of "algebra" is a universal algebra thing.