Use Cut (or press SHIFT+DEL) to remove selected text from
the active window and put it in the Clipboard.
 
You can then use Paste (SHIFT+INS) to insert it into an
active window.
 
Tip: Select text by placing the cursor where the text should
     begin and pressing the SHIFT+DIRECTION keys. Remove
     selected text without copying it to the clipboard by
     pressing DEL.
 
This example shows how Cut and Paste can be used together:
       1.                   2.                     3.
Select text with     Choose Cut command    Move cursor to
SHIFT+ARROW          or press SHIFT+DEL    insertion point
                                           and choose Paste
┌─────Text────┐       ┌─────Text────┐       ┌─────Text────┐
│▒▒▒▒▒▒▒▒▒▒▒  │       │             │       │             │
│             │       └─────────────┘       │▒▒▒▒▒▒▒▒▒▒▒  │
└─────────────┘                             └─────────────┘
 
┌──Clipboard──┐       ┌──Clipboard──┐       ┌──Clipboard──┐
└─────────────┘       │▒▒▒▒▒▒▒▒▒▒▒  │       │▒▒▒▒▒▒▒▒▒▒▒  │
                      └─────────────┘       └─────────────┘
The cut text is still in the Clipboard and could be pasted
in at another point.