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.
Of course, Munich is so charming, youâll have just as much fun simply strolling the local streets. Residents and travelers alike refer to the city as Toytown due to its quaint atmosphere and clean aesthetic, and youâll find examples of this character in nearly each of its neighborhoods.ou can even venture beyond the cityâs borders to regal sights like the Schloss Dachau â several Munich tours can get you to the area â but youâll find plenty of must see tourist attractions in Munich itself. If youâd rather spend your time browsing art collections, check out the cityâs network of museums.