Even in the current age, a
CD may be referred to as
EP (extended play) if it has a few too many tracks to be a
single, but not enough tracks to be an
LP.
EP's are typically released by
independent bands because they don't have enough money to record a whole
album's worth of material. An EP might have 5 or 6 tracks on it, and a total of 20 minutes of music on it. Appearance-wise, it looks like a normal CD.