This is the 586th most frequent German word.
beziehungsweise
"Respectively" or "or rather," depending on context.
Here 'beziehungsweise' is used to clarify or specify the initial statement, shifting the focus from 'cats' to 'animals in general'.
Ich mag Katzen beziehungsweise Tiere im Allgemeinen.
I like cats or rather animals in general.
In this case, 'beziehungsweise' offers an alternative option to the requested item.
Bitte bringen Sie mir ein Glas Wasser beziehungsweise Saft, wenn es möglich ist.
Please bring me a glass of water or alternatively juice if possible.
Here 'beziehungsweise' refines or corrects the statement, indicating that the meeting was with a friend of Peter instead of Peter himself.