noun (sometimes lowercase)
any plan for national economic or industrial development specifying goals to be reached within a period of five years, especially as undertaken by the Soviet Union and China.
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Origin of Five-Year Plan
1925–30; orig. probably as translation of Russian pyatilétka
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples from the Web for five-year plan
It was made more acute by the fact that the association is embarking on a "five-year-plan" of some importance.Gone Fishing|James H. Schmitz
(formerly in socialist economies) a government plan for economic development over a period of five years
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012