Specific rotation is the angle or the optical rotation that occurs for a specific substance (solution, crystal etc.) when light passes thought it for 1 decimetre (0.1 metres) Source(s): http://en.wikipedia.org/wiki/Specific_rotation.
Definition of ceteris paribus. Ceteris paribus is a Latin phrase meaning âall other things remaining equalâ. The concept of ceteris paribus is important in economics because in the real world it is usually hard to isolate all the different variables. An increase in interest rates will âceteris paribusâ cause demand for loans to fall. (Higher interest rates increase the cost of borrowing so there will be less demand for loans.
Offline Version: PDF. Term ceteris paribus Definition: A Latin term meaning that all other factors are held unchanged. The ceteris paribus assumption is used to isolate the effect one economic factor has on another.