A cent is a factor of 2^(1/1200). There are 1200 cents in an octave, which is a doubling in frequency: if we have 1200 of them, 2^(1200/1200) = 2^1 = 2.
Lisp-wise:
2> (exp2 (/ 1200)) ;; exp2 is courtesy of ISO C 99
1.00057778950655
So, it is a .0578 percent change in pitch, or determiner of pitch like record rotations speed.