Simple English definitions for legal terms
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Term: ceteris paribus
Definition: Ceteris paribus means "other things being equal" in Latin. It is used to describe a situation where all other factors are held constant except for the one being studied. For example, if we want to study the effect of temperature on plant growth, we would keep all other factors like soil type, water, and sunlight constant, and only change the temperature. This helps us isolate the effect of temperature on plant growth without any other factors influencing the results.
ceteris paribus
ceteris paribus means "other things being equal" in Latin. It is used to describe a situation where all other factors are held constant except for the one being studied.
In the first example, ceteris paribus is used to compare two cars based on their gas mileage, assuming that all other factors such as price, size, and safety features are the same. In the second example, ceteris paribus is used to explain the relationship between price and demand, assuming that all other factors such as consumer income and availability of substitutes are constant.