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.
Drivers of semi-trailer trucks generally require a Class A commercial driver's license (CDL) to operate any combination vehicles with a gross combination weight rating (or GCWR) in excess of 26,000 lb (11,800 kg) if the gross vehicle weight rating (GVWR) of the towed vehicle(s) is in excess of 10,000 lb (4,500 kg).