From this question, gls states that given $\Pi\equiv\sum_i |\eta_i\rangle\!\langle i|$ and $\Psi\equiv\sum_i|\psi_i\rangle\!\langle i|$, if $\Pi^\dagger\Psi=I_{d\times\ell}$, then $\Psi$ is "maximally entangled", ie has rank $\ell$ and all singular values are equal to 1. By maximal entanglement, what does that mean exactly, in the context used for matrices here? Is it referring to the inability to decompose it to a product of matrices on subsystems, or something else? Because if I recall correctly, CNOT, which is non-decomposable, doesn't have 1 for all it's singular values, yet it fits the criteria of non-decomposable, but then wouldn't be maximally entangled?
Edit: I am assuming "maximally entangled" means in this context it is diagonal up to a certain dimension $\ell$