The bin is located at the bottom of your screen and contains all the cuts from your editing.
By right-clicking on a cut, a menu appears offering you the following functions:
Play: plays the selected cut.
Rename: renames the selected cut.
Paste: Stick the cut into the editing where the reading head is located.
Save as a new item: saves the selected cut as a master in the sound directory you have chosen.
Delete: deletes the selected cut from the bin.