HOME BASE is a term used in baseball to refer to the area where a team's players stand when they are not batting or running the bases. LOT is an abbreviation for 'Lawn Outfield Territory' and PLATE is an abbreviation for 'HOME PLATE', which is the BASE that the batter stands on when hitting the ball. Together, HOME BASE refers to the area of the field where the players stand when they are not batting or running the bases, which includes the Lawn Outfield Territory and HOME PLATE.