DEFINITION of 'Unit Benefit Formula'. A method of calculating an employer's contribution to an employee's defined benefit plan. The employer calculates the contribution by multiplying an employee's years of service by a percentage of his or her salary. Next Up.
Currants are glossy red or black berries that grow on thornless upright shrubs. To be classified as a currant, the bush must be in the genus Ribes. Native to the Northern Hemisphere, these plants have been cultivated throughout Europe and Asia for centuries.
A fillet is a boneless cut of meat; you may also see this term spelled âfilet,â especially in British English. Many people associate this cut specifically with fish, which are often filleted for the market, but fillets can technically be cut from any food animal, from a chicken to a cow.