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.
Although there are many legal syndicates formed around the world, the usage of the term the syndicate in colloquial English often refers to one involved in illegal activities.n finance, a bank syndicate, often referred to simply as a syndicate, is a group of banks lending a usually large amount of money for a specific purpose and to one single borrower.