Define 'Recycle Bin'. What is its significance in a computer system?

Recycle Bin is a system icon in Windows. When we delete folders and files, they are not permanently deleted. Instead they are removed from their original location and stored in the Recycle Bin. This gives us an opportunity to recover files and folders that we deleted accidentally. This way, Recycle Bin plays a very important role in avoiding data loss. Its icon is represented as a trash can in Windows.