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.
There are 3 general types of driverâs licenses: (1) the commercial driverâs license; (2) the chauffeurâs license; and (3) the personal vehicle driverâs license. The 3 types of commercial drivers are Class A, B, and C licenses. Class A Commercial Driverâs License â Combination Vehicle permit holder can drive all commercial vehicles or a combination of commercial vehicles with a gross weight of 26,001 lbs. or more.