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.
A Class A Commercial Driverâs License (CDL) allows a licensee to operate a combination of vehicles with a Gross Vehicle Weight Rating (GVWR) of 26,001 lbs. or more, provided the GVWR of the vehicle or vehicles being towed is in excess of 10,000 lbs.