the European Regional Development Fund
noun[S]
GOVERNMENT,FINANCEukus(abbreviationthe ERDF)moneythat is used by theEuropeanUniontohelptheeconomicdevelopmentofitspoorerareas:
Theplansfor a multi-million-poundferryterminaldependon abidof 5 millionpoundsfrom theEuropeanRegional Development Fund.