The present invention provides a metering nozzle used with a squeezable bottle for dispensing a fixed amount of fluid from the bottle. A dispensing chamber volume of the metering nozzle may be adjusted to adjust the volume of fluid dispensed from the bottle. The nozzle allows the fixed amount of fluid to be measured and then dispensed without returning into the bottle by utilizing a movable piston, shuttling between the nozzle inlet and the nozzle outlet by applying a compression force to the bottle against a biasing force of a spring.