Junk

Junk items are poor items that are normally just sold to a vendor for money, also known as vendor trash, but also includes items with no sell value that cannot even be sold to a vendor, and must be discarded by dragging the item outside of your bags.

As a verb, Junk can also be used to mean the process of selling stuff for money OR simply throwing them away, as in: "I'm just going to junk this staff, since I can't use it."

"Junk" is also a profession-category in Engineering. The only recipe listed in it is  [Practice Lock].