Hourly and set rates. Some woodworkers charge an hourly rate for repair work, custom furniture (plus material costs) and installations. Hourly rates may be affected by the carpenterâs location. For example, in cities and areas with a higher cost of living, carpenters will typically charge a higher hourly rate.
GCIDE(0.00 / 0 votes)Rate this definition: 1  Syndicate(n.) A more or less organized association of criminals controlling some aspects of criminal activity, in a specific area or country-wide; -- used loosely as a synonym for organized crime or the mafia.
Every syndicate is a temporary arrangement. 2. In investment banking, a group of underwriters responsible for placing a new issue of a security with investors. As with banking syndicates, the members of an underwriting syndicate work together for the duration of the project. Every syndicate is a temporary arrangement.