1997 NAICS Definitions
533 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

533 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

Industries in the Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) subsector include establishments that are 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. Establishments in this subsector own the patents, trademarks, and/or franchise agreements that they allow others to use or reproduce for a fee and may or may not have created those assets.

Establishments that allow franchisees the use of the franchise name, contingent on the franchisee buying products or services from the franchisor, are classified elsewhere.

Excluded from this subsector are establishments primarily engaged in leasing real property and establishments primarily engaged in leasing tangible assets, such as automobiles, computers, consumer goods, and industrial machinery and equipment. These establishments are classified in Subsector 531, Real Estate and Subsector 532, Rental and Leasing Services, respectively.

5331 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

53311 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

533110 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

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.

Go to: 1997 Economic Census Bridge Between NAICS and SIC NAICS Manual Table 1
NAICSSICCorresponding Index Entries
5331106794Brand name licensing
5331106794Franchise agreements, leasing, selling or licensing, without providing other services
5331106794Industrial design licensing
5331106792Oil royalty companies
5331106792Oil royalty leasing
5331106794Patent buying and licensing
5331106794Patent leasing
5331106794Trademark licensing