The difference between Wastebin and Wastepaper basket
When used as nouns, wastebin means a wastebasket, whereas wastepaper basket means a small open container for discarded paper etc.
check bellow for the other definitions of Wastebin and Wastepaper basket
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Wastebin as a noun:
A wastebasket; a bin used for household or office waste.
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Wastepaper basket as a noun:
A small open container for discarded paper etc; a wastebasket.