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.
To reduce the amount of accidents involving teen drivers, many statesâincluding Pennsylvaniaâhave implemented a Graduated Driver Licensing (GDL) program. As part of the PA GDL program, one of the first steps on your path to your driver's license is to obtain your PA learner's permit.