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The Top500-Lexicon

The lexicon of the top500 ( The Encyclopedia for Classification Codes ) explains the codes and definitions in the world of economical classifications.

NACE Code 51.1 Wholesale on a fee or contract basis

The NACE Code 51.1 is described as
Wholesale on a fee or contract basis

This group includes:
· activities of commission agents, commodity brokers and all other wholesalers who trade on behalf and on the account of others
· activities of those involved in bringing sellers and buyers together or undertaking commercial transactions on behalf of a principal, including on the internet.
This group also includes:
· activities of wholesale auction houses, including internet wholesale auctions.
This group excludes:
· wholesale trade in own name, see 51.2 to 51.9
· retail sale by agents, see 52
· activities of insurance agents, see 67.20
· activities of real estate agents, see 70.3.

It belongs to the code group
NACE Code 51 Wholesale trade and commission trade, except of motor vehicles and motorcycles

To this Code "51.1" belongs the sub codes
  • NACE Code 51.11: Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods
  • NACE Code 51.12: Agents involved in the sale of fuels, ores, metals and industrial chemicals
  • NACE Code 51.13: Agents involved in the sale of timber and building materials
  • NACE Code 51.14: Agents involved in the sale of machinery, industrial equipment, ships and aircraft
  • NACE Code 51.15: Agents involved in the sale of furniture, household goods, hardware and ironmongery
  • NACE Code 51.16: Agents involved in the sale of textiles, clothing, footwear and leather goods
  • NACE Code 51.17: Agents involved in the sale of food, beverages and tobacco
  • NACE Code 51.18: Agents specializing in the sale of particular products or ranges of products n.e.c.
  • NACE Code 51.19: Agents involved in the sale of a variety of goods

The equivalent ISIC Code (Rev. 3.1) is
511: Wholesale on a fee or contract basis
  Activités d'intermédiaires du commerce de gros

The equivalent NAICS Code (Rev. 2002) is
425: Wholesale Electronic Markets and Agents and Brokers

The Nearest HS Code (Harmonized System) (Rev. 2002) is
xxxx: No Code defined

Translation of the Code description
51.1: Handelsvermittlung - Handelsvermittlung
51.1: Wholesale on a fee or contract basis - Wholesale on a fee or contract basis
51.1: Activités d'intermédiaires du commerce en gros
51.1: Intermediari del commercio
51.1: Intermediarios del comercio
51.1: Handelsbemiddeling in landbouwprodukten, levende dieren, textielgrondstoffen en -halffabrikaten
51.1: Agenturhandel (engroshandel på honorar- eller kontraktbasis)

Alternative Spellings (synonyms): wholesale, wholesaler, Contract, Contracting, wholesalers, Ore, Contracts
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