v. - This is the act of handing out baskets to children for them to place their personal belongings into while they go swimming at a public pool. Back in the day, (2) girls were hired to do this job for minimum wage, however the job is now terminated. The recent economic downfall was first blamed for these (2) young ladies to lose their professions, but it was eventually determined that this job deserved less than minimum wage, actually no pay at all. Basketeering still occurs today, but it is done by anyone, even the children themselves, which is why stolen property has increased 200% since 2006.
TugBoat: "I'm missing $15 from my basket, i believe somebody stole it."
Larry: "Mergum bought all the other kids $15 worth of soda this morning, i bet it was him, i'll ask."
Mergum: "No, my dad gave me $15 to take my girlfriend out to dinner."
Chrissie: "You're 10 years old, you can't even drive."
Mergum: "You guys suck at basketeering."
by HeadPoolieInCharge July 5, 2010
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Singlish for "Bastard" but is to be used in a humorous way and not as a derogatory way.
Walao you sibeh basket sia!
by NatIsrael972 July 9, 2016
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1. A reference to the outline of the male genital area as viewed through pants/swimsuit/undergarment. See also package. Term often used by gay men in assessing the potential size of a potential suitor.
Gee whillikers, Luke - did you notice the size of Lawrence's basket? Jeff Stryker ain't got nothin on THAT piece o' meat. Come - lets fetch another crantini, and shake our booty to some 80's Europop!
by GenuineNine December 18, 2003
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An item, into one of which you should not put all your eggs.
Margo: A tisket, a tasket, I lost my yellow basket...
Alice: Did you have all your eggs in it?
Margo: Yes.
Alice: ...Damn.
by Lady Chevalier May 12, 2005
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Drug reference/slang. Quite often an eight-ball(3.5Grams) of cocain.
"Yo, I got a basket for $280 . Hit me up if you're interested."

Or various endings in that particular sentence, like :
Hmu !

Hmu if you're interested, turnt, gettin twisted, want in on this, "ya like," down, etc"
by Gypcy November 30, 2015
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This word can be used synonymously for vagina. This offers another fun/slang way of referencing one's lady parts.
Girl: My basket is moist.

Boy: Nobody likes a smelly basket.
by Realistest October 22, 2014
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A code word used to let your friends know that the situation is uncomfortable and you would like to get out of it.
when hanging out with people you dont know so well.
you: basket
your friend: well guys we have somewhere to be and were late so we'll see ya later.
you: thanks man that was sketch
your friend: yeah it was.
by A-dub<3 August 16, 2010
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