subprime loan. Definition. A loan offered to an individual who does not qualify for a loan at the prime rate due to their credit history. If a lender thinks that there is an above-average risk involved in giving a loan to a certain individual, they will sometimes offer them a subprime loan, which has an interest rate higher than the prime rate.
Munich, German MÃ¼nchen , MunichiStockphoto/Thinkstockcity, capital of Bavaria Land (state), southern Germany. It is Bavariaâs largest city and the third largest city in Germany (after Berlin and Hamburg). Munich, by far the largest city in southern Germany, lies about 30 miles (50 km) north of the edge of the Alps and along the Isar River, which flows through the middle of the city. Pop. (2003 est.), 1,247,873; (2011) 1,348,335.
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