basement

/ˈbeɪsmənt/
noun
  1. A room or floor of a building that is partly or completely below ground level.
    • They finished the basement to create a home theater.
    • We store old boxes and holiday decorations in the basement.
    • The basement flooded after the heavy rain.
  2. The lowest level or position in a ranking or hierarchy.
    • Their stock prices are in the basement compared to last year.
    • After the scandal, the company's reputation hit the basement.
    • The team spent most of the season in the basement of the league standings.
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