| 1. | European Recovery Program. |
| 2. | Informal. any comprehensive program for federally supported economic assistance, as for urban renewal. |
| a plan for aiding the European nations in economic recovery after World War II, proposed by U.S. Secretary of State George C. Marshall in 1947 and implemented in 1948 under the Economic Cooperation Administration. Abbreviation: ERP, E.R.P. |
A program by which the United States gave large amounts of economic aid to European countries to help them rebuild after the devastation of World War II. It was proposed by the United States secretary of state, General George C. Marshall.