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.
knee jerk. You experience a knee jerk when your doctor taps your knee with a rubber mallet and your leg automatically kicks out. The idiom a knee jerk reaction means that you respond to something in an equally unthinking way. If you instinctively assume that someone who loves clowns wouldn't have much in common with you, that's a knee jerk, or automatic, reaction. This figurative meaning of knee jerk came from the physical reflex â which is called a patellar reflex by doctors, and which was discovered and named in the 1870's.