Definition: Rental price of a capital good

Category: National accounts

The rental price of a capital asset is the unit cost for the use of the asset for one period--that is, the price for employing or obtaining one unit of capital services. The rental price is also referred to as the “capital service price” of a capital good, or the “user cost of capital”.
Organisation for Economic Co-operation and Development (OECD), "Measuring Capital - OECD Manual: Measurement of Capital Stocks, Consumption of Fixed Capital and Capital Services", Annex 1: Glossary of technical terms used in the Manual, Paris, 2001