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.
The class of a Texas driver license is determined by the: 1  Type of vehicle operated on a Texas roadway. 2  Gross vehicle weight rating (GVWR) of the vehicle or the gross combination weight rating (GCWR) of the vehicles towed.  Number of passengers the vehicle can hold.