"steeps" in the noun sense
a steep place (as on a hill)
"steeps" in the verb sense
1. steep, immerse, engulf, plunge, engross, absorb, soak up
devote (oneself) fully to
"He immersed himself into his studies"
2. steep, infuse
let sit in a liquid to extract a flavor or to cleanse
"steep the blossoms in oil"
"steep the fruit in alcohol"
Source: WordNet® (An amazing lexical database of English)
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