Basic representation of a simple Lie algebra and its highest weight

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I have come across the terms "basic representation" of a semisimple Lie algebra, but I am finding it hard to find a clear definition of this representation. Can someone provide me a reference or explain to me what this concept is?

  1. How is the "basic representation" of a (say simple) Lie algebra $\mathfrak{g}$ defined?
  2. This is supposedly a highest weight representation. What highest weight does this correspond to? Is there a formula or a list I can refer to get these highest weights?
  3. How do these formulas/definition generalize to Kac-moody Lie algebras?