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Stands for Effort Points/Gear Points. A loot distribution system used by some guilds in MMORPGs like WoW.

Like DKP you gain points (Effort Points) but instead of spending it on loot, you earn Gear Points whenever you recieve loot. Priority Rating (PR) is EP divided by GP, and the person who gets the next piece of loot is the person with the highest PR.
Player - Sweet, I just got my first piece of loot from BT! Wait... but according to EPGP that means that my PR will be at the bottom of the list. QQ
Guild Officer - dw, most of us have all the loot we need from here already.
by Ainaste October 04, 2008
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