Yes I believe that I understand what you are saying.
I think that you are saying that the light meter will make the "correct exposure" and render 18% grey the SAME in the final image whether that grey is illuminated by a strong light (EV15 / 'sunny 16') or a weaker light (EV8 - 'bright indoors') or a very weak light (EV1 'Moonlight').
WW