Term:
User cost of capital
Definition:
The user cost of capital is the unit cost for the use of a capital asset for one period--that is, the price for employing or obtaining one unit of capital services. The user cost of capital is also referred to as the “rental price” of a capital good, or the “capital service price".
Domain:
Economics & National Accounts
Source:
Measuring Capital: OECD Manual, Annex 1 Glossary of Technical Terms Used in the Manual, OECD, 2001
