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Basically a "cumbasket" is a vagina. But it could also be an asshole or a mouth, depending on where the cum is deposited. Anyways, it's mainly used as another way to call someone a "pussy".
Shut up, you cumbasket!
by InvaderPichu September 29, 2003
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2
Something that you put your sperm in after you masterbatute.

Something that you call you haters.
by Lbigfella July 22, 2010
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