basket case noun4 •(informal) An institution or country in a bad condition or difficult situation (economically, financially or otherwise).This country is a financial basket case, a country so broke that it should be a perfect warning to lenders.Some countries are breadbaskets, others basket cases. •(informal) One made powerless or ineffective, as by nerves, panic, stress or exhaustion; someone considered mentally unstable.She was a complete basket case the morning of her wedding. •(informal, offensive) Someone (especially a soldier) who has lost all four limbs.The Surgeon General of the Army […] denies […] that there is any foundation for the stories that have been circulated […] of the existence of ‘basket cases’ in our hospitals. — 1919 •(informal) An item in a disassembled state that is brought to be repaired. formsbasket cases