ceteris paribus

  

Definition

Constraint introduced into an argument or assertion to allow one variable to change while keeping other variables constant, such as, "If we reduce our prices by X percent, ceteris paribus, our sales revenue should go up by Y percent." Latin for, all other things being equal.

Use ceteris paribus in a sentence

  • My father informed his colleagues that while he would change one aspect of the deal, ceteris paribus, our total revenue would remain steady.

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  • We relied on ceteris paribus to give our equation the most use for its future presentation to the board of directors.

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  • If things or going well but you think a small tweak may make it better try a ceteris paribus and see how it goes.

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