Step 1: Recall the definition of specific impulse.
Specific impulse is the thrust produced per unit weight flow rate of propellant.
Mathematically,
\[
\boxed{
I_{sp}
=
\frac{F}{\dot{m}g_0},
}
\]
where
• \(F\) = thrust,
• \(\dot{m}\) = propellant mass flow rate,
• \(g_0\) = standard acceleration due to gravity.
Step 2: Identify the correct option.
Hence,
\[
\boxed{
\text{Specific impulse}
=
\text{Thrust per unit weight flow rate of propellant.}
}
\]
Therefore,
\[
\boxed{(B)}
\]
is the correct answer.