Metered pricing is a billing model commonly used in cloud computing and cybersecurity services, where customers are charged based on their actual usage of resources, such as bandwidth, data storage, or processing power. Unlike flat-rate pricing, metered pricing allows organizations to pay only for what they consume, which can lead to cost savings and more efficient resource allocation. This model provides flexibility and scalability, making it easier for businesses to adjust their usage according to demand. However, it also requires careful monitoring to avoid unexpected costs due to spikes in usage or inefficient resource management.