Meaning of bargain basement

bar'gain base'ment

Pronunciation: [key]
  1. a basement area in some stores where goods are sold at prices lower than usual.

bar•gain-base•ment

Pronunciation: (bär'gun bās"munt), [key]
— adj.
  1. very low-priced.
  2. noticeably lacking in quality; inferior.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.