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Meaning of ceteris paribus*

ce•te•ris pa•ri•bus

Pronunciation: (kā'te-rēs" pä'ri-boos" Eng. set'&schwar-is par'&schwa-b&schwas), [key]
— Latin. Latin.
  1. other things being equal.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.