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.
Answer Wiki. Supermarket currants are not made from currant berries. They are raisins made from small grapes originally grown on the Greek island of Corinth. Through mispronunciation, Corinth became currant. When growing moved to the Greek island of Zante, they tried changing the name to Zante raisins or Zante currants, but it was too late.