The Smead Pressboard Binder SMD81778 is designed for neatly binding and covering presentations, reports, manuscripts, proposals, or other documents that require loose-leaf style binding. This binder features a Tyvek hinge and fastener that compresses material tightly to reduce bulk while holding reports securely without damaging the document or the binder hinge. Made of heavy-duty 20 point PressGuard stock with an embossed leather-grain finish, it is coated to resist moisture and stains, ensuring durability and a professional appearance.