Definition: User cost of capital
"Measuring Capital" Manual
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".
"Measuring Productivity" Manual
The price per unit of capital service. Often used as synonymous to "rental price".
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