Definition

Cloud systems automatically control and optimize resource use by leveraging a metering capability [1] at some level of abstraction appropriate to the type of service (e.g., storage, processing, bandwidth, and active user accounts). Resource usage can be monitored, controlled, and reported, providing transparency for both the provider and consumer of the utilized service.

Source

NIST

NESDIS Data Management Lexicon and Related Terms 

Category

4. Data Stewardship words