2022 Edition

national industry 533110

Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

Overview

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.

The immediate parent of national industry 533110 is international industry 53311: Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

2022 NAICS Edition Cross References

  • 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 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.

History

The NAICS editions in which this code was present are indicated below. In the event that a code was changed from the prior edition the equivalent value in that edition is provided for reference.

Edition Existed Equivalent Value
2002 533110
2007 533110
2012 533110
2017 533110
2022 533110

Standard Industrial Classification (SIC) Mappings

  1. 6792 - Oil Royalty Traders
  2. 6794 - Patent Owners and Lessors

Insurance Industry Mappings

The US Property and Casualty Insurance Industry may use the following classification descriptions which might encompass national industry 533110, Lessors of Nonfinancial Intangible Assets (except Copyrighted Works):

  1. lessor of nonfinancial intangible asset except copyrighted work
  2. oil or gas well non operating working interest
  3. oil or gas well nonoperating working interest
  4. oil royalty trader
  5. patent owner and lessor
  6. real estate and rental and leasing

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