Complex sentence: An object created by a class is an instance of the class, and the class that created that instance can be considered as the type of that object, e.g. a type of an object created by a "Fruit" class would be "Fruit".
Split into simpler sentences: An object created by a class is an instance of the class. The class that created an object can be considered as the type of that object, e.g. a type of an object created by a "Fruit" class would be "Fruit".