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Wiktionary
round file

n. (context humorous English) the trash; the wastebasket

WordNet
round file

n. a file with a circular cross section; used to file the inside of holes

Wikipedia
Round file

Round file may refer to:

  • A tool, a type of file, used to cut fine amounts of material from a work piece and also known as a rat-tail file
  • Slang for a waste container

Usage examples of "round file".

Qwilleran had learned never to crumple discarded paper if he expected it to stay in the round file for more than three minutes.