Definitions of steep:

• noun:   a steep place (as on a hill)
• verb:   let sit in a liquid to extract a flavor or to cleanse

  Example: "Steep the blossoms in oil"

• verb:   engross (oneself) fully
• adjective:   of a slope; set at a high angle

  Example: "Note the steep incline"

• adjective:   having a sharp inclination

  Example: "The steep attic stairs"

• adjective:   greatly exceeding bounds of reason or moderation
• name:  A surname (very rare: popularity rank in the U.S.: #77714)