Lend-Lease Act, 1941
   Approved by Congress in March 1941, the Lend-Lease Act gave the president the power to transfer the title, lend, or lease any equipment to any nation whose defense was considered vital to the security of the United States. Initially intended to allow aid to Great Britain, during the course of World War II the United States provided $50 billion in aid to Great Britain, China, France, and the Soviet Union (USSR). Almost 60 percent went to Great Britain. The Lend-Lease program was ended abruptly in September 1945.
   The British finally completed repayment for Lend-Lease in December 2006, and not all loans were repaid by the USSR, which was an issue in the growing postwar confrontation that led to the Cold War.

Historical Dictionary of the Roosevelt–Truman Era . . 2015.

Look at other dictionaries:

  • Lend-Lease-Act — Roosevelt bei der Unterzeichnung des Leih und Pachtgesetzes Das Leih und Pachtgesetz (engl.: Lend Lease Act), das der US Kongress am 18. Februar 1941 verabschiedete, ermöglichte es den damals noch nicht offiziell, aber völkerrechtlich betrachtet …   Deutsch Wikipedia

  • lend-lease — noun Etymology: U.S. Lend Lease Act (1941) Date: 1941 the transfer of goods and services to an ally to aid in a common cause with payment made by a return of the original items or their use in the cause or by a similar transfer of other goods and …   New Collegiate Dictionary

  • Lend-Lease — (Public Law 77 11) [http://books.google.com/books?id=hUoIaQqipboC pg=PA28 Crossed Currents By Jean Ebbert, Marie Beth Hall, Edward Latimer Beach] was the name of the program under which the United States of America supplied the United Kingdom,… …   Wikipedia

  • lend-lease — /lend lees /, n., v., lend leased, lend leasing. n. 1. the matériel and services supplied by the U.S. to its allies during World War II under an act of Congress (Lend Lease Act) passed in 1941: such aid was to be repaid in kind after the war. 2.… …   Universalium

  • Lend-Lease-System —   [lend liːs sɪstm, englisch], Leih Pacht System, Pacht Leih System, das System, durch das die USA im Zweiten Weltkrieg die Alliierten mit kriegswichtigen Gütern (Waffen, Flugzeugen, Schiffen und Fahrzeugen, Lebensmitteln, Medikamenten,… …   Universal-Lexikon

  • lend-lease — lend′ lease′ n. v. leased, leas•ing 1) gov the matériel and services supplied by the U.S. to its allies during World War II under an act of Congress(Lend′ Lease′ Act )passed in 1941 2) the system by which such aid was supplied 3) gov to supply… …   From formal English to slang

  • Lend-Lease — Roosevelt bei der Unterzeichnung des Leih und Pachtgesetzes Das Leih und Pachtgesetz (engl.: Lend Lease Act), das der US Kongress am 18. Februar 1941 verabschiedete, ermöglichte es den damals noch nicht offiziell, aber völkerrechtlich betrachtet …   Deutsch Wikipedia

  • Lend-Lease Sherman tanks — Infobox Weapon name=Medium Tank M4A2 Sherman III caption=Medium Tank M4A2 Sherman III . Most of these, the only large production diesel variant, were Lend Leased to the Allies origin=flagcountry|United States type= is vehicle=yes crew=5… …   Wikipedia

  • 1941 — This article is about the year 1941. For other uses, see 1941 (disambiguation). Millennium: 2nd millennium Centuries: 19th century – 20th century – 21st century Decades: 1910s  1920s  1930s  – 1 …   Wikipedia

  • 1941 in the United Kingdom — Events from the year 1941 in the United Kingdom.Incumbents*Monarch George VI of the United Kingdom *Prime Minister Winston Churchill, coalitionEvents* 19 January British troops attack Italian held Eritrea. * 21 January ** World War II: Australian …   Wikipedia

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