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European regional development fund
Fund allocated by the European Union to transfer money from richer regions (not countries), and invest it in the infrastructure and services of underdeveloped regions
Pronunciation
/ˌjʊrəˈpiən ˈriʤənəl dəˈvɛləpmənt fənd/
/jʊərəˈpiːən ˈriːʤənl dɪˈvɛləpmənt fʌnd/
Categories
incentive program of the EU