Open-End Investment Company. Primarily in the United Kingdom, a mutual fund in which the number of shares may be increased or decreased depending on the amount of money invested in the company. This means that the fund's capitalization is not fixed, and changes upon the demand of shareholders.
Driver License Classes. Licenses are issued by âclassâ: G for graduated, D for operator, M for motorcycle, and A, B, C for commercial. If the Class M license is combined with any other class of license, it will be added as an endorsement on the back of the current license.
Class B Commercial Driverâs License (CDL) is required to drive a straight dump truck. Class B CDL allows you to drive heavy and tractor trailer trucks and buses. With a Class B license, youâre able to tow trailers less than 10,000 pounds of Gross Vehicle Weight Rating (GVWR).