workbasket

[wurk-bas-kit, -bah-skit]
noun
a basket used to hold needlework paraphernalia.

Origin:
1735–45; work + basket

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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WordNet
workbasket

noun
container for holding implements and materials for work (especially for sewing) 
WordNet® 3.0, © 2006 by Princeton University.
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Example sentences
She sat in her chair with her workbasket beside it, her rug spread across her lap.
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