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.
Maggots are the larvae of the adult blow fly. If produce, meat or even fecal matter is left out in the open, the adult flies seize the opportunity to lay their eggs in this warm, moist and nutritious material. Within several days, the eggs hatch into maggots, and several days later, the maggots mature into adult flies.