WebEx Meetings and Webinars are similar in the features they offer. However, each may be best suited in a different scenario.
WebEx Meetings are the most common. They may be preferred when the number of participants is less than a hundred and they are expected to participate in the conversation. This would be similar to a small to medium team meeting or a presentation.
WebEx Webinars may be preferred when the presentation is one-way and the there is a very large group of attendees with no audio participation. This would be similar to a professor giving a lecture to hundreds of students in a large lecture hall.