Mass Transfer
When the liquid phase and vapour phase of a binary system obeys Raoult's and Dalton's law respectively, the relative volatility is the ratio of

Vapour pressure of component A to the total pressure
Partial pressure of component A to the total pressure
Vapour pressure of component A to the partial pressure of A
Vapour pressure of component A to that of component B

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Mass Transfer
Solvent extraction is the terminology applied to the liquid-liquid extraction, which is preferred for the separation of the components of liquids, when

One of the liquid components has very high affinity towards the solvent
Extracting solvent is cheaply & abundantly available
Viscosity of liquid components is very high
One of the liquid components is heat sensitive

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