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1. adjective Sold at an extremely low or reduced price; very inexpensive. The term comes from a bin or some other container in a store or shop where very inexpensive items or those at greatly reduced prices are sold. I found these great bargain-bin sneakers on the clearance rack at the shoe store.
2. adjective Of very poor or inferior quality; having very little or no value. It's no wonder your bargain-bin phone has stopped working. If you want a phone that lasts, you have to pay the price for it.

loony bin

slang A psychiatric hospital or insane asylum. From a glib adaptation of the word "lunatic," the phrase is now considered tactless at best, extremely insulting at worst. Back in my grandfather's time, anyone suffering from severe depression or anxiety would have just been thrown in the loony bin, so people suffered in silence and in secret. When she joked about putting someone like my brother in the loony bin, I threw my drink in her face and walked out of the restaurant.
See also: bin, loony

sin bin

In certain sports such as ice hockey or lacrosse, the area in which a penalized player must stay for a particular duration. How are we going to tie this game with our best player in the sin bin? Both players were sent to the sin bin for fighting on the ice.
See also: bin, sin
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.

loony bin

n. an insane asylum; a mental hospital. Today’s loony bins are far different from those of just a few decades ago.
See also: bin, loony


n. a van fitted with bedding as a place for necking and lovemaking. Willy said he was saving his money to buy a sin-bin so he could have more fun on dates.
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.

loony bin

Insane asylum. The word “lunatic” comes from the word for “moon”; madness was associated in many cultures with the effect of the phases of the moon on the human mind. From lunatic came loony, and loony bin was where insane people were incarcerated. The phrase is now considered insulting in the extreme, as are “booby hatch” (originally a covered passageway down a ship deck), “funny farm,” “drool academy,” and “foam rubber city” (a reference to padded cells).
See also: bin, loony
Endangered Phrases by Steven D. Price Copyright © 2011 by Steven D. Price
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References in classic literature ?
"You can't say I bin to Brighton, father," said Tom.
Thence up he flew, and on the Tree of Life, The middle Tree and highest there that grew, Sat like a Cormorant; yet not true Life Thereby regaind, but sat devising Death To them who liv'd; nor on the vertue thought Of that life-giving Plant, but only us'd For prospect, what well us'd had bin the pledge Of immortalitie.
As the operator starts processing the recipe, the carousel presents the correct draw side bin to the operator, turns on a light on the control panel to indicate the appropriate bin door and unlocks the door.
The control system automatically positions the carousel for correct bin removal and insertion.
Carousel positioning and centering is accomplished by using low maintenance proximity switches arranged to pick up binary coded ID plates coinciding with each bin location.