noun
A container for liquids or other materials, typically with a handle. Often made of wood or plastic.
井戸から桶で水を汲んだ。
I drew water from the well with a bucket.
お風呂の桶にお湯をためる。
I fill the bath bucket with hot water.
バケツ is a more common, modern loanword for a metal or plastic bucket, while 桶 often implies a traditional wooden tub or a specific shape.
The historical derivation is uncertain; the kanji 桶 is conventionally associated with a wooden container.