This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

• Lexulous
• Wordscraper
• Wordosaur

n. Discarded paper.

n. unwanted paper that has been discarded rather than recycled

"The data, assembled under the direction of Dr. Michael Andrews, chief economist for PIERS, suggest that while U.S. imports are mostly consumer goods, U.S. exports are mostly of low-value commodities such as wastepaper, chemicals, forest products wood pulp for instance, cotton and other basics."

wastepaper basket    litter   

waste-paper    traurig    Chantilly    in/out    basket-like    now-empty    open-worked    woven-wire    spare-parts    mysterious-looking