To change the name of the Recycle Bin desktop icon, click Start then goto Run, write Regedit and press Enter. It opens Registry Editor. Now in Registry Editor go to:
HKEY_CLASSES_ROOT/CLSID/{645FF040-5081-101B-9F08-00AA002F954E}
and change the name "Recycle Bin" to whatever you want (don’t type any quotes).