Just in case you didn't know.
EP= Extended Play
LP= Long Playing record

An EP contains a few songs (usually around 3-5 songs)
LP is a full album.

source.

for example:

Gym Class Heroes have a brand new EP
on iTunes called "Patches from the Quit".
I have it, but I haven't listened to it yet.
I'll keep you posted.

1. Cookie Jar (Featuring The-Dream)
2. Peace Sign/Index Down (Featuring Busta Rhymes)
3. Blinded By The Sun


Now I have listened to the new Adele LP
and I'm definitely digging it.
Full review soon, I suppose.