For example (using dollars as our currency), a $1,000 loan with a fixed rate of interest of 5% per annum, means that if the loan amount were to be paid off in 12 months, the total amount the borrower would pay back would be $1050.
Definitions for knee jerk. Here are all the possible meanings and translations of the word knee jerk. Princeton's WordNet(0.00 / 0 votes)Rate this definition: knee jerk, knee-jerk reflex, patellar reflex(noun) a reflex extension of the leg resulting from a sharp tap on the patellar tendon. Knee jerk(n.) emotional and predictable; -- of certain people and their reactions to events. Chaldean Numerology. The numerical value of knee jerk in Chaldean Numerology is: 9.
Definition of clean and jerk : a lift in weight lifting in which the weight is raised to shoulder height, held momentarily, and then quickly thrust overhead usually with a lunge or a spring from the legs â compare press, snatch