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.
About city : Munich is the third largest city of Germany after Berlin and Hamburg. Located to the north of the Bavarian Alps, Munich is the capital and the largest city of Bavaria. The city was probably founded in 1158 by the monks of the Bavarian order, though it was formally granted the status of a city in 1175.unich is the third largest city of Germany after Berlin and Hamburg. Located to the north of the Bavarian Alps, Munich is the capital and the largest city of Bavaria.