Seems to be a durable 3-hole, D-ring view binder with inner pockets.Binder permits custom inserts for cover,back and spineThe gel-coated release levers are easy on fingers and provide a lock or unlocked position.The rings open/close more securely than some "durable" binders from THE bigbox store.Binders with D-rings are so much easier & nicer to work with.The description is mostly accurate. "and sheet lifters " is a nice bonus.current price ( n i n e doll ars ) is over twice a recent sale price for the 1-1/2" model