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.
Beets are a root vegetable with edible roots and greens. The almost entirely edible beetroot, or table beet, is a member of the vegetable food group. More specifically, itâs a root vegetable from the botanical family Chenopodiaceae, other members of which include sugar beets, spinach, Swiss chard and quinoa.