Glossary
Commitments & Rates

Blended Rate

An average rate calculated across all accounts in a consolidated billing family for a given usage type.
Provides a consolidated average unit rate across accounts rather than showing each account's individual rate.

Related terms

Commitments & Rates

Amortised Cost

Upfront and committed charges spread evenly across the period they cover, rather than recorded in the month they were paid.
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Commitments & Rates

Cloud Waste

Spend that produces no business value: idle capacity, orphaned resources, over provisioning and unused commitments.
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Commitments & Rates

Commitment Utilisation

The percentage of purchased commitment capacity that is actually consumed in a period.
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