Glossary
Commitments & Rates

Commitment Utilisation

The percentage of purchased commitment capacity that is actually consumed in a period.
Shows whether purchased commitment capacity is being used; low utilisation can indicate that commitments exceed actual demand.

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.
Read definition
Commitments & Rates

Blended Rate

An average rate calculated across all accounts in a consolidated billing family for a given usage type.
Read definition
Commitments & Rates

Cloud Waste

Spend that produces no business value: idle capacity, orphaned resources, over provisioning and unused commitments.
Read definition

See AI cost management in your own bill

Finout unifies every cloud, data and SaaS cost source into one bill you can allocate, share back and act on — with no code and no agents.

Book a demo

The FinOps platform for cloud and AI spend, with agents that find the savings and act on them, so your team stays lean, and your coverage doesn't.

X Linkedin Facebook

PLATFORM

INTEGRATIONS

RESOURCES

COMPANY

© Finout 2026. All Rights Reserved. Privacy Policy Terms of Use

cloud_native_logo_2

© Finout 2026. All Rights Reserved. Privacy Policy Terms of Use