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.
Not to be confused with dried currants, which are Black Corinth grapes in dried form, black currants are a type of berry, specifically the fruit of the Ribes nigrum bush.f you canât find fresh berries, dried black currants can be mixed with almonds, walnuts, and cashews for trail mix. Or add a dash of black currant concentrate to sparkling water for a powerhouse soft drink.