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.
Photo Â© Eisenhut and Mayer Wien, used with permission from Getty Images. In the U.S. currant often means Zante currants, or dried Cornith grapes that are really just small raisins. Fresh red or black currants (pictured right) aren't widely available, but worth seeking out if they're grown near you.