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.
Chert is a microcrystalline or cryptocrystalline sedimentary rock material composed of silicon dioxide (SiO2). It occurs as nodules, concretionary masses, and as layered deposits. Chert breaks with a conchoidal fracture, often producing very sharp edges.