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 (car) licences can be used to drive vehicles with GVWRs of not more than 3500 kg (7700 lb) and a trailer with GTWRs not exceeding 750 kg (1650 lb) , while holders of class BE licences can tow trailers with GTWR greater than 750 kg.