What is Yam Basket?
a colloquial, catch-all term for the female reproductive unit comprised of the vulva, vaginal canal, cervix, and uterus.
Example 1: Mike had to leave work one day to get some blood work done. When he returned, his boss asked him, jokingly, if he was pregnant. Mike said, without hesitation, "no, I don't have a baby in my yam basket."
B: How do you feel about the word snatch?
K: I kind of like it as a euphemism for lady parts. I don't like cunt or pussy--I think those are hard, negative words, but I kind of like snatch.
B: Let's think of some other ones. What about YAM BASKET?!?! AHAHAHAHAHA! (erupts into laughter, loses control of car, drives off bridge)