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 (minimum age 18): A Class B license is issued to those persons 18 years of age or older who have demonstrated their qualifications to operate any single vehicle with a gross vehicle weight rating of 26,001 pounds or more or any such vehicle towing a vehicle having a gross vehicle weight rating of not more than 10,000 pounds.