Usage Note
Básicamente is a sentence adverb meaning 'essentially' or 'in essence', often used to introduce a simplified summary. It is very common in informal speech and is sometimes overused as a filler in the same way English speakers overuse 'basically'. Unlike fundamentalmente, it carries a slightly more casual register.
Examples
"Básicamente, necesitamos más tiempo."
Natural Translation
Basically, we need more time.

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