Meters, all meters will calibrate to a medium gray, a gray card, (12%-18% gray). (Internal software adjustments notwithstanding.)
If you sample a black wall, center the needle, the wall will come out medium gray. If you sample a white wall, center the needle, the wall will come out gray. If you sample wall that is similar in density to a gray card, your wall will be perfectly captured.
Using Spot, you need to understand how the meter reads. If you Spot a white person's skin, you have to open up a stop to a stop and a half to compensate for medium gray, (as white skin is lighter than medium gray), and to attain a 'proper exposure'. If metering off a person of color's skin, you have to underexposure to attain a proper exposure.
When using Spot, you really have to look hard at what is in the 'spot' then adjust accordingly, using medium gray as a reference, (either overexpose for a subject lighter than medium gray or underexpose for a subject darker than medium gray).
Spot is great for landscapes and architecture and studio work when you have time to sample different areas and find a happy exposure that doesn't clip highlights or shadows (if that is what you desire). Spot is great in a fluid/changing environment when the subject is vitally important and the other elements in the image are secondary (photojournalism).
When I use Spot, (some 90% of the time), usually I'm in a fluid environment action situation. If I am waiting for the subject I'll meter off a known substance, like grass and close it down a stop or two, a street lamp, road top, et cetera and adjust accordingly, then when the subject arrives I'm in the ballpark ... and I can shoot confidently with my original setup exposure or if I have time I can sample the subject and tweak the settings to fine tune the exposure. If the subject is a person, I'll look for something medium gray on the subject and compare that reading to reading a skin tone plus a over/under adjustment for skin coloration.
My techniques can be used with any metering mode, but with Spot you know exactly the zone/density of the sampling.
Meters are guides and are not to be taken literally.