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 'Syndicate'. A professional financial services group formed temporarily for the purpose of handling a large transaction that would be hard or impossible for the entities involved to handle individually.Syndication allows companies to pool their resources and share risks.Next Up.or example, an underwriting syndicate is a group of investment banks that works together to issue new stock to the public. The bank that takes the lead in this endeavor is called the syndicate manager.