From Longman Dictionary of Contemporary Englishbargain basementˌbargain ˈbasement noun [countable] BSHOP/STOREa part of a large shop, usually below ground level, where goods are sold at reduced prices
Examples from the Corpus
bargain basement• Yet it isn't a stripped-out bargain basement model.• Today oversupply has helped bring down London rents to bargain basement levels.From Longman Business Dictionarybargain-basementˈbargain-ˌbasement adjective [only before a noun] bargain-basement goods and services cost much less than you would normally expectThe Internet is a mass telecommunications network, offering global connections at bargain-basement prices.