wastebasket vs wastepaper basket

wastebasket and wastepaper basket both are nouns.

Word	Noun	Adjective	Verb	Adverb
wastebasket	Yes	No	No	No
wastepaper basket	Yes	No	No	No

As nouns, wastebasket and wastepaper basket are synonyms defined as:

wastebasket and wastepaper basket: a container with an open top; for discarded paper and other rubbish

Other synonyms of wastebasket include circular file, waste-paper basket, waste basket.

wastebasket (noun)	wastepaper basket (noun)
a container with an open top; for discarded paper and other rubbish	a container with an open top; for discarded paper and other rubbish