The space that is created when a person is wearing tights or pantyhose that are too short, and the crotch of said garments only comes up to the mid-thigh.
"What happened to Casey?" "Dude, she was arrested at the airport yesterday for smuggling drugs in her crotch basket, and one of those drug sniffing dogs took her down."

"Ugh! These tights are too small, they are totally giving me a crotch basket!"
by SchmoopsyNickelpickel March 4, 2010
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