How to tell how much electricity is coming into the meter?

[Henry Holt]

I am reading J Scott's Book, The Book on Estimating Rehab Costs, and I am on the electricity section.  My question surrounds the electric meter. 

J Scott discusses examining the service coming into the house, as well as the ability of the breaker box to handle that service. 

When looking at the electric meter, does CL200 and 240V indicate that the service coming into the meter is 200 amps and 240 volts? 

Or, do those numbers represent just what the meter can handle, and not necessarily what is coming into the house?

See meter below.  Disregard the red box.  Thanks!