from here http://www.crisp.nus.edu.sg/~research/tutorial/image.htm a good definition for pixel size and spatial resolution that applies to satellite imagery.
"Spatial resolution refers to the size of the smallest object that can be resolved on the ground. In a digital image, the resolution is limited by the pixel size, i.e. the smallest resolvable object cannot be smaller than the pixel size. The intrinsic resolution of an imaging system is determined primarily by the instantaneous field of view (IFOV) of the sensor, which is a measure of the ground area viewed by a single detector element in a given instant in time. However this intrinsic resolution can often be degraded by other factors which introduce blurring of the image, such as improper focusing, atmospheric scattering and target motion. The pixel size is determined by the sampling distance."
At the same link, you can find also some nice examples for clarifying the differences between 'Spatial Resolution and Pixel Size'
Pixel size on the ground can be viewed as a physical property of your image. Also pixel size can be viewed as a physical property of your imaging sensor and it is a fixed quantity. Indeed, pixel size of the sensor is one of the factors that controls the pixel size on the ground. For example, IKONOS 1 m spatial resolution or pixel size refers to spatial coverage of one pixel on the ground, which is also called Ground Sampling Distance (GSD). On the other hand, the grid resolution or size is a design parameter that will be selected according to the purpose of the survey. For example, your soil survey grid size can be set at 500 m x 500 m or 250 m x 250 m; and once again it depends on the purpose of your survey. A complex relationship could be developed to relate your pixel size to the grid size, but this relationship has to consider several factors such as geology of the area, topography, rainfall, etc..
If a sensor is displayed at full resolution (say 20m), then each pixel size represents an area of 20mx20m on the ground. In such case the pixel size and resolution are the same. However it is possible to display an image with a pixel size different than the resolution. In this case the pixels are averaged to represent larger areas(say 250mx250m), provided the original spatial resolution (say 20m) of the sensor that collected that imagery remians the same.
Please refer to the following publication to get clarity of all the specifications of satellite imagery
Joseph, G. How to Specify an Electro-optical Earth Observation Camera? A Review of the Terminologies Used and its Interpretation. J Indian Soc Remote Sens 48, 171–180 (2020). https://doi.org/10.1007/s12524-020-01105-8
The paper reviews how the specifications adopted to describe various performance parameters of earth observation electro-optical camera are understood, and addresses the need for consistency in defining various specifications. The paper also proposes a figure-of-merit to compare various cameras for its target discrimination capability. A possible standard set of specifications are suggested, to be provided by all camera developers which would benefit both developers and users of such instruments.@
Pixel size is the representation of on-ground resolution and kind of relative measurement. For example, 50m*50m of the ground area can be considered as lower resolution when compared to the 10m*10m ground area.