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 'Syndicated Loan'. A loan offered by a group of lenders (called a syndicate) who work together to provide funds for a single borrower. The borrower could be a corporation, a large project, or a sovereignty (such as a government).The loan may involve fixed amounts, a credit line, or a combination of the two.ypically there is a lead bank or underwriter of the loan, known as the arranger, agent, or lead lender. This lender may be putting up a proportionally bigger share of the loan, or perform duties like dispersing cash flows amongst the other syndicate members and administrative tasks.