NAICS 5 Digit Industry 53311

Industry 53311

NAICS 5  Digit Industry 53311 – Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

Definition of NAICS 5 Digit Industry 53311: See industry description for NAICS 533110 below.

Industry Description of NAICS Code 533110: This industry comprises establishments primarily engaged in assigning rights to assets, such as patents, trademarks, brand names, and/or franchise agreements for which a royalty payment or licensing fee is paid to the asset holder.

Cross-References for Industry 53311

What codes are similar to this industry that might be more applicable? The cross-reference guide below displays the codes that are similar to industry 53311. Please review to find the most applicable classification.

  • Establishments primarily engaged in producing, reproducing, and/or distributing copyrighted works are classified in Sector 51, Information;
  • Independent artists, writers, and performers primarily engaged in creating copyrighted works are classified in Industry NAICS 711510, Independent Artists, Writers, and Performers;
  • Establishments primarily engaged in leasing real property are classified in Subsector 531, Real Estate;
  • Establishments primarily engaged in leasing tangible assets, such as automobiles, computers, consumer goods, and industrial machinery and equipment, are classified in Subsector 532, Rental and Leasing Services; and
  • Establishments that allow franchisees the use of the franchise name, contingent on the franchisee buying products or services from the franchisor are classified elsewhere.

Other Index Entries for NAICS 5-Digit Industry 53311

The North American Industry Classification System contains multiple index entries that are each descriptive of the same code. The bulleted list below shows all applicable index entries (Current and former) that are associated with industry 53311. These index entries further elaborate on the scope of applicable industries that have already been defined at the top of this page.

  • Brand name licensing
  • Franchise agreements, leasing, selling or licensing, without providing other services
  • Industrial design licensing
  • Oil royalty companies
  • Oil royalty leasing
  • Patent buying and licensing
  • Patent leasing
  • Trademark licensing

Industry Breakdown for North American Industry Classification System

NAICS codes are broken down by digit. The broadest description starts with the 2 digit sector codes. The 3 digit subsector codes are more specific, then the 4 digit industry group, 5 digit industry (Where you are now), and the most specific is the 6 digit NAICS code. If the code on this page does not describe the industry of the business in question, then select the largest applicable code below. From there, follow through the progression of smaller digits to the larger digits in order to obtain the most specific 6 digit classification.

  • Sector 53: Real Estate and Rental and Leasing
    • Subsector 533: Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
      • Industry Group 5331: Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
        • Industry 53311: Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) (Current Page)
          • 6 Digit Code(s) NAICS 533110: Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

Other helpful NAICS Downloads

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NAICS 5 Digit Industry 53311 | Class Codes