Other terms used interchangeably with drainage basin are catchment area, catchment basin, drainage area, river basin, and water basin. In North America, the term watershed is commonly used to mean a drainage basin, though in other English-speaking countries, it is used only in its original sense, that of a drainage divide.
In a closed drainage basin, or endorheic basin, the water converges to a single point inside the basin, known as a sink, which may be a permanent lake, a dry lake, or a point where surface water is lost underground.
The drainage basin acts as a funnel by collecting all the water within the area covered by the basin and channelling it to a single point. Each drainage basin is separated topographically from adjacent basins by a perimeter, the drainage divide, making up a succession of higher geographical features (such as a ridge, hill or mountains) forming a barrier.
Drainage basins are similar but not identical to hydrologic units, which are drainage areas delineated so as to nest into a multi-level hierarchical drainage system. Hydrologic units are defined to allow multiple inlets, outlets, or sinks. In a strict sense, all drainage basins are hydrologic units but not all hydrologic units are drainage basins.
The following is a list of the major ocean basins: