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.
DEFINITION of 'Underwriter Syndicate'. A temporary group of investment banks and broker-dealers who come together to sell new offerings of equity or debt securities to investors.The underwriter syndicate is formed and led by the lead underwriter for a security issue.An underwriter syndicate is usually formed when an issue is too large for a single firm to handle.The syndicate is compensated by the underwriting spread, which is the difference between the price paid to the issuer and the price received from investors and other broker-dealers.Also referred to as an underwriting group, banking syndicate and investment banking syndicate.he underwriter syndicate is formed and led by the lead underwriter for a security issue. An underwriter syndicate is usually formed when an issue is too large for a single firm to handle.